September 11, 2018 / 11:32 PM / in 2 months

Chinese automaker NIO's IPO prices at $6.25/share -source

NEW YORK, Sept 11 (Reuters) - Chinese electric vehicle start-up NIO Inc priced at $6.25 per share in its initial public offering on the New York stock exchange on Tuesday, at the bottom of its targeted price range, a person familiar with the matter said.

The IPO valued NIO at around $6.4 billion.

A representative for NIO did not immediately respond to a request for comment. (Reporting by Joshua Franklin, Editing by Rosalba O’Brien)

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