Nio, CYVN Holdings establish JV company to tap into the Middle East, African markets
The venture looks to introduce Nio’s BEV models as well as those from its subsidiary brands into the MENA markets
Chinese electric-car maker Nio has partnered with Abu Dhabi, United Arab Emirates-based CYVN Holdings, which is also a leading investor in the company, to launch a joint venture named Nio MENA, the company announced Oct. 4.
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