NIO Energy receives RMB 1.5 billion strategic investment from Wuhan Guangchuang

On May 31, NIO Energy Investment (Hubei) Co., Ltd. received a strategic investment of RMB 1.5 billion from Wuhan Guangxin Emerging Technology Phase I Venture Capital Fund Partnership (Limited Partnership) and other institutions. This round of strategic investment will be used for technology research and development, manufacturing, operation and maintenance in the fields of charging, battery replacement, energy storage, battery services, energy Internet, as well as the layout and development of NIO Energy's charging and battery replacement infrastructure, and support the investment in innovative car-network interactive businesses.