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

Jul 2, 2026 14:06

[Automotive: BYD Reports Over 400,000 New Energy Vehicle Sales In June 2026]

On July 1, BYD Company Limited released its production and sales report for June 2026. In June, BYD produced 403,246 new energy vehicles and sold 403,472, achieving monthly sales exceeding 400,000 vehicles. Among these, passenger vehicle sales reached 397,292 units, while commercial vehicle sales totaled 6,180 units. By power type, pure electric passenger vehicle sales reached 201,472 units, and plug-in hybrid passenger vehicle sales reached 195,820 units. In terms of exports, new energy vehicle exports totaled 175,300 units in June. On a cumulative basis, from January to June 2026, cumulative new energy vehicle sales reached 1,808,511 units, a year-on-year decrease of 15.72%; among these, cumulative passenger vehicle sales reached 1,777,375 units, and cumulative commercial vehicle sales reached 31,136 units.

Jul 2, 2026 14:06

Jul 1, 2026 16:04

South Korea Finalizes Revised EV Charging Fee Plan

The Ministry of Climate, Energy and Environment announced on July 1 that it has finalized a revised public EV charging fee system, which will raise rates for ultra-fast chargers and lower rates for slow chargers. The new system will take effect on August 1. Under the revised plan, chargers with output below 30 kW will be charged at KRW 295.0/kWh, while chargers of 30 kW to below 50 kW will be charged at KRW 307.2/kWh. Chargers of 50 kW to below 100 kW will be charged at KRW 325.6/kWh, those of 100 kW to below 200 kW at KRW 348.4/kWh, and those of 200 kW or above at KRW 393.1/kWh.

Jul 1, 2026 16:04

Jun 30, 2026 19:44

[Two Mandatory EV National Standards Take Effect Tomorrow: Batteries Must Not Catch Fire or Explode]

On July 1, two mandatory national standards—"Safety Requirements for Traction Batteries of Electric Vehicles" (GB 38031-2025) and "Safety Requirements for Electric Vehicles" (GB 18384-2025)—will officially come into force. This marks the first time in China's new energy vehicle sector that both battery‑specific and vehicle‑level core safety standards take effect on the same day. The new battery standard establishes "no fire, no explosion" as a mandatory requirement, replacing the previous technical threshold of "providing an alarm signal 5 minutes before fire or explosion." The updated standard also adds tests including bottom impact testing and safety testing after fast‑charging cycles. The vehicle standard requires the installation of an independent physical one‑button emergency power‑off device. The two standards will be implemented in phases: all newly applied vehicle models submitted after July 1 must fully comply with the new rules, while models already approved and on sale are granted a one‑year transition period until full compliance is required by July 2027. Industry players across the supply chain have already entered the final stages of certification review and production‑line retrofitting.

Jun 30, 2026 19:44