Nio has sealed the deal for a fresh round of financing from CYVN Holdings LLC, the Abu Dhabi government fund, acquiring a 20% stake in the Chinese electric vehicle giant. This move follows CYVN’s initial investment of €1.03 billion in July, bringing their total investment to a staggering €3.08 billion. In this latest transaction, CYVN will inject €2.05 billion in… Read more…