Electric vehicles in a car park of a manufacturing facility in China’s Guangxi province. Aside from electric vehicles, NIO Capital also focuses on autonomous driving and connected-vehicle technologies, as well as advanced manufacturing. Photo: Bloomberg
Fund co-founded by Chinese electric-vehicle maker NIO shrugs aside US-China trade war, to invest in top tech globally
- NIO Capital will source deals worldwide, including in the United States, says managing partner
- Co-founded with investment firms Sequoia and Hillhouse Capital, NIO Capital manages a yuan-denominated fund valued at US$1.5 billion
Electric vehicles in a car park of a manufacturing facility in China’s Guangxi province. Aside from electric vehicles, NIO Capital also focuses on autonomous driving and connected-vehicle technologies, as well as advanced manufacturing. Photo: Bloomberg