Nio and CYVN Holdings Drive EV Innovation in Abu Dhabi Debut
Chinese electric vehicle (EV) maker NIO is making its Middle East debut through a partnership with CYVN Holdings. The new joint venture, NIO MENA, will bring NIO’s electric vehicles to the region, marking a significant step in the company’s global…
Chinese EV Maker Nio gets US$2.2 billion Investment from Abu Dhabi Fund
CYVN Holdings, an investment fund controlled by the Abu Dhabi government, has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial stake in a Chinese electric-car maker. Nio, one of China’s top three…
