China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm

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China's Nio to Get Near $740 Million Investment From Abu Dhabi-Backed Firm

StreetInsider2023-06-20

Nio Inc said on Tuesday that CYVN Holdings, a firm backed by the Abu Dhabi government, will invest about $738.5 million in the Chinese electric vehicle maker.Nio and peers Xpeng and Li Auto are among ...

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Sandyboy
·2023-06-20
Expect more fall in share price
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Superdaddy88
·2023-06-20
Dilution is bad
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