NIO Secures New Strategic Investment Worth of 33 Billion Yuan

On September 30, NIO announced a strategic investment agreement with Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui High-tech Industry Investment Co., Ltd., and SDIC Merchant Investment Management Co., Ltd. The deal involves these three investors subscribing to new shares of NIO China, contributing a cash increase of 33 billion yuan. NIO itself will also invest 10 billion yuan in cash.

Over the past four months, NIO has consistently delivered over 20,000 units per month. The launch of its new brand, Leda, which targets the mainstream family market, has drawn significant attention. The first model under this brand, a mid-sized family smart electric SUV named Leda L60, has surpassed expectations in pre-orders and began nationwide delivery on September 28.

NIO has expressed that this new round of capital increase is a testament to the strategic investors’ recognition of NIO‘s leading position in the industry and their strong support for the intelligent electric vehicle industry’s high-quality development. They plan to continue investing in technological innovation and charging and battery swapping infrastructure, further enhancing their competitive edge in products, services, and community engagement. This strategy is aimed at laying a robust foundation for NIO‘s long-term growth.

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