Chinese EV maker Nio secures $2.2 billion in new investment from Abu Dhabi’s CYVN
Earlier in July, Nio had closed a $738.5 million strategic equity investment from CYVN
Chinese EV maker Nio has secured a fresh financing of $2.2 billion from Abu Dhabi government fund CYVN Holdings LLC, according to a news report published by CnEVPost on Dec. 18. The new investment further raises CYVN’s stake in Nio to about 20.1%.
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