On December 18th, NIO announced that it had signed a new round of share subscription agreement with Abu Dhabi investment firm CYVN Holdings (referred to as CYVN). According to the agreement, CYVN Holdings will make a strategic investment of approximately $2.2 billion in cash to NIO through its subsidiary CYVN Investments.
On the market, NIO Motor's US stock market rose by over 10% before the start of trading. As of the time of publication, NIO Motor's US stock price rose 9.023% before the market.