Nio's share price fell by over 13% after the lawsuit was published. SINGAPORE: Singapore's sovereign wealth fund GIC has sued Chinese electric vehicle (EV) maker Nio and two of its top executives for allegedly inflating revenues. In the lawsuit, filed in August in the US district court for the southern district of New York, GIC said Nio and two executives misled investors with false statements and withheld information about its business and prospects. These include the company's ties to an