Nio Inc announced that it has reached a final agreement with a strategic investor to invest a total of 3.3 billion RMB in Nio China on September 29, 2024. Nio China is a subsidiary of Nio Inc holding 92.1% of the shares. This transaction will adjust Nio's ownership percentage to 88.3%, while the strategic investor and other existing shareholders will hold the remaining 11.7% of the shares. Nio Inc itself will also invest 10 billion RMB to subscribe to new shares and will have the right to make an additional investment of 20 billion RMB before December 31, 2025. The investment transaction is expected to complete 70% of the fund injection by the end of November 2024, with the remaining 30% completed by the end of December. This move demonstrates the confidence of the strategic investor in Nio and the electric automobile industry, supporting Nio's long-term advantages in technology, products, services, and user communities, as well as driving its multi-brand strategy and market expansion.

Nio Inc announced that it has reached a final agreement with a strategic investor to invest a total of 3.3 billion RMB in Nio China on September 29, 2024. Nio China is a subsidiary of Nio Inc holding 92.1% of the shares. This transaction will adjust Nio's ownership percentage to 88.3%, while the strategic investor and other existing shareholders will hold the remaining 11.7% of the shares. Nio Inc itself will also invest 10 billion RMB to subscribe to new shares and will have the right to make an additional investment of 20 billion RMB before December 31, 2025. The investment transaction is expected to complete 70% of the fund injection by the end of November 2024, with the remaining 30% completed by the end of December. This move demonstrates the confidence of the strategic investor in Nio and the electric automobile industry, supporting Nio's long-term advantages in technology, products, services, and user communities, as well as driving its multi-brand strategy and market expansion.