On September 29, NIO announced a strategic investment agreement with its existing shareholders, including Hefei Jianheng New Energy Vehicle Investment Fund, Anhui High-tech Industry Investment, and SDIC Investment Management. According to the agreement, strategic investors will inject 3.3 billion RMB, while NIO will invest 10 billion RMB in new shares of NIO China. This new investment underscores the strategic investors’ strong confidence in NIO’s leading position in the industry and their commitment to the development of the smart electric vehicle sector. NIO will continue to invest in technological innovation and charging infrastructure to enhance its competitive advantages.
Source: NIO article (Published on September 29, 2024)
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