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Tesla challenger Nio gets $2.2 billion investment from Abu Dhabi’s CYVN
By Juliana Liu, CNN Hong Kong (CNN) — Chinese electric vehicle (EV) maker Nio has secured $2.2 billion in investment from CYVN Holdings of Abu Dhabi, giving the Tesla challenger a longer financial runway as it seeks to make inroads in an increasingly competitive market. The deal, which follows a previous $1 billion investment from
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