In the latest IPO news, Chinese electric vehicle manufacturer NIO has filed to list on the New York Stock Exchange. The company hopes to raise up to $1.8 billion.

The company issued its filing to the US Securities and Exchange Commission on August 13. The IPO is being underwritten by JP Morgan, Morgan Stanley, and Goldman Sachs, among others. According to previous reports, NIO had plans to file for a US-based listing in September, with the company refusing to comment at that time.

A successful IPO could boost the company’s valuation to around $37 billion, according to previous estimates.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

$19/month

Yearly Membership

$149/year

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

$19/month

Yearly Membership

$149/year

Chris Udemans

Christopher Udemans is a Shanghai-based technology reporter. He covers Chinese artificial intelligence, mobility, and cybersecurity. You can contact him at chrisudemans [at] technode [dot] com.