• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

CYVN Holdings invests 1.1 billion dollars in Nio

The Chinese electric car manufacturer Nio has secured an investment package of almost $1.1 billion. The fresh capital comes from the Abu Dhabi government fund CYVN Holdings. The latter will acquire about 84.7 million newly issued ordinary shares worth $738.5 million. The price per share is therefore $8.72. The deal is expected to close in […] More…

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