According to an Oct. 3 filing, the court has stayed GIC’s lawsuit against NIO, citing a similar lawsuit filed in August 2022. - jade gao/Agence France-Presse/Getty Images Singapore sovereign-wealth fund GIC filed a U.S. lawsuit seeking damages from NIO, alleging that the Chinese electric-vehicle maker inflated the value of its securities. The lawsuit, filed Aug. 28 in the U.S. District Court for the Southern District of New York, named NIO Chief Executive Bin Li and former Chief Financial Officer Wei Fen ...