 Chinese EV manufacturer NIO Inc - ADR NYSE: NIO, which has a strong competitive positioning in the Chinese EV market, is investing in a used car retailer. What Happened: Beijing-based Uxin Ltd NASDAQ: UXIN, which operates as a nationwide online used car dealer in China, said Nio Capital, the venture capital arm of Nio, and Joy Capital have agreed to invest up to 315 million in the company. 