Nio Secures $1.9 Billion in New Investment, Shares Surge

The Chinese EV maker's stock jumps after strategic investors and its parent company inject substantial funds into Nio China.

Nio's U.S.-listed shares surged over 12% following the announcement of a $1.9 billion investment.
The investment includes 3.3 billion yuan ($470 million) from strategic investors and 10 billion yuan ($1.43 billion) from Nio's parent company.
The new funds will be used to support Nio China's operations and growth, with the parent company's stake reducing to 88.3%.
Nio has the option to invest an additional 20 billion yuan ($2.85 billion) by the end of 2025.
The investment comes amid strong orders for Nio's new mass-market brand, Onvo, and recent Chinese government economic stimulus measures.