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Zhitong
2025.09.10 13:26

NIO Inc. announced the completion of a $1 billion equity financing. This financing attracted well-known long-term investment institutions from the United States, the United Kingdom, Switzerland, Norway, and Asia, reflecting investors' and the capital market's recognition of NIO and their continued support for NIO's development direction in smart electric vehicles. The funds raised from this public offering of new shares will be used for the research and development of core technologies for smart electric vehicles, the development of future technology platforms and models for its brands, the expansion of the charging and battery swapping network, and further strengthening the company's balance sheet to enhance its financial strength, providing funding support for NIO's long-term development

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