Nio and investors to invest $2.43b in NIO China

Nio may invest an additional $3.6b in NIO China by the end of 2025.

SGX-listed Chinese EV manufacturer Nio has entered into definitive agreements for investment in NIO China with investors Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Industry Investment, and CS Capital.

The investors will collectively invest $604m (RMB3.3b) whilst NIO will invest $1.8b (RMB10b) in cash to subscribe to newly issued shares of NIO China 

Upon completion of the investment, Nio’s stake in NIO China will decrease to 88.3% from 92.1%, whilst the investors, together with the company's existing shareholders, will collectively hold the remaining 11.7% stake.

The investors and NIO will each inject cash into NIO China in two installments, with 70% of both investment amounts to be injected by the end of November, and the remaining 30% by the end of December.

NIO also has the right to invest an additional $3.6b (RMB20b) to subscribe for additional shares in NIO China by 31 December 2025, based on the same price and terms of the investment transaction.