Chinese automaker GAC teams up with Nio for EV, postpones US launch

2019 Nio ES6Nio last week announced a joint venture with state automaker GAC to sell electric cars in China. It’s especially of interest in the U.S. because both companies have their sights set on selling electric vehicles here. The equal-split venture, to be called GAC Nio New Energy Vehicle company, will build and sell EVs under a new Hycan brand in China…