Abu Dhabi pours $738.5M into China’s Tesla challenger Nio
China’s electric vehicle companies are pouring into the Middle East where both investors and consumers have a growing appetite for the country’s Tesla challengers. Shanghai-based Nio announced Tuesday that CYVN Holdings, a smart mobility-focused investment vehicle majority-owned by the Abu Dhabi government, will invest a total of $738.5 million in the Chinese EV maker. Nio, … Continue reading Abu Dhabi pours $738.5M into China’s Tesla challenger Nio
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