share_log

NIO Inc. Announces Closing of $2.2B Strategic Equity Investment From CYVN

Benzinga ·  Dec 27, 2023 04:36

NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has closed the US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd ("CYVN"), an investment vehicle based in Abu Dhabi, as announced on December 18, 2023.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment