Abu Dhabi sovereign wealth ADQ is backing a US$3 billion investment of the Emirate’s Department of Finance into Chinese electric vehicle producer NIO, which is among the world’s top five EV producers.The fund has channelled capital through CYVN Holdings, which appears to be a state-owned investor in its own right....
Abu Dhabi sovereign wealth ADQ is backing a US$3 billion investment of the Emirate’s Department of Finance into Chinese electric vehicle producer NIO, which is among the world’s top five EV producers.The fund has channelled capital through CYVN Holdings, which appears to be a state-owned investor in its own right....