NIO Energy secures 1.5-billion-yuan strategic investment

Published: May 31, 2024 20:32

Source: gasgoo

Save

On May 31, NIO Energy Investment (Hubei) Co., Ltd. secured a strategic investment of 1.5 billion yuan from institutions including Wuhan Guangchuang Emerging Technology Phase I Venture Capital Fund Par...

Shanghai (Gasgoo)- On May 31st, NIO Energy Investment (Hubei) Co., Ltd. secured a strategic investment of 1.5 billion yuan from institutions including Wuhan Guangchuang Emerging Technology Phase I Venture Capital Fund Partnership (Limited Partnership) (referred to as "Wuhan Guangchuang Fund"), according to a post on NIO's WeChat account.

This new round of strategic investment will be used for technology R&D, manufacturing, operations, and maintenance in fields such as electric vehicle (EV) charging, battery swapping, energy storage, battery services, and the energy internet. It will also support the development and expansion of NIO Energy's EV charging and battery swapping infrastructure, and the investment in innovative vehicle-to-grid interaction business.

The Wuhan Guangchuang Fund is a market-oriented fund initiated by Wuhan Optics Valley Industrial Investment Co., Ltd. NIO Energy is a charging solution operator based on mobile internet technology, leveraging NIO Cloud technology to build an energy service system that supports EV charging, battery swapping, and battery upgrades, providing comprehensive charging services for car owners. NIO Energy officially settled in Wuhan in May 2017, and the new investment will further support its rapid development.

As of May 31st, NIO has built 2,427 battery swapping stations and 22,595 EV charging piles across China, making it the automotive brand with the most extensive network of battery swapping stations and charging points in the country. NIO’s charging piles are open and shared with users across the industry, with over 80% of the charging services being provided to non-NIO users.

NIO Energy has always maintained an open and cooperative attitude in the layout of its EV charging and battery swapping technology and infrastructure network. Previously, NIO Energy had established strategic cooperation in EV charging and battery swapping with Changan Automobile, Geely Auto Group, JAC Group, Chery Automobile, Lotus, GAC Group, and FAW Group, jointly promoting a larger-scale, standardized, and unified energy infrastructure network. The introduction of this 1.5 billion-yuan strategic investment provides financial support for the rapid development of NIO Energy, optimizes its capital structure, and lays a solid foundation for its long-term high-quality development.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 hours ago

[Auto Association] Delta Metal (Holdings) Limited invites you to attend SMM ASCC2026 (8th) Automotive Supply Chain Conference

4 hours ago

[Solid-State Battery: Ruizhi New Energy Raised Tens of Millions of Yuan in Pre-A+ Round State-Owned Capital Financing]

[Solid-State Battery: Ruizhi New Energy Secures Tens of Millions of Yuan in Pre-A+ Round State-Owned Capital Financing] On August 10, 2026, the official account of Ruizhi New Energy released information. Recently, Ruizhi New Energy completed an exclusive Pre-A+ round financing of tens of millions of yuan, fully funded by Shanghai Chenyao Yichuang Investment Fund. The fund was jointly established by Shanghai Guotou Science and Technology Innovation and Yixing Jingfa, forming part of Yixing's 10-billion-yuan industrial fund matrix, with dual attributes of hard technology investment in the Yangtze River Delta and local industry support. Ruizhi, relying on technology transfer from Northwestern Polytechnical University, focuses on active functional separators and membrane-type solid electrolytes, compatible with liquid, semi-solid, and all-solid-state systems, significantly enhancing battery energy density and safety, covering power, energy storage, and other application scenarios. Its core products have now entered the supply chains of several leading battery producers, achieving large-scale delivery. This round of financing will be used for capacity expansion at the Yixing base, accelerating the localisation of solid-state lithium battery materials.

4 hours ago

[Solid-State Battery: De'er PACK Pilot Line Completed, Battery Cell Pilot Line Racing to End of September]

[Solid-state battery: De'er Co., Ltd. Pack Pilot Line Construction Completed, Battery Cell Pilot Line Sprinting Towards September Month-End] On August 10, 2026, De'er Co., Ltd. stated that construction of the solid-state battery pack pilot line had been completed, and the battery cell pilot line is currently under construction, with relevant equipment being delivered successively, striving to complete construction before September month-end. De'er Co., Ltd. is a comprehensive automotive parts system integrator and has been deploying solid-state battery R&D since 2018. The company will continue to advance the iteration of battery material systems and process optimization, actively expanding clients for solid-state batteries in emerging fields such as energy storage and power. The completion of this pilot line marks a critical step in the industrialisation of its solid-state battery.

4 hours ago