NIO released a press statement revealing its upcoming investment deal with CYVN Holdings, an esteemed Abu Dhabi-based holding company.

Under this new agreement, CYVN will invest a substantial $2.2 billion in NIO, receiving in return 294 million shares of stock priced at $7.50 each. This move is not just about numbers; it's a significant endorsement from a major institutional investor, underscoring the confidence in NIO's future.
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