![CYVN will also be entitled to nominate two directors to Nio's board, the company said. Reuters](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/ES3RQRUKSRT56MQBSHYECPAGYY.jpg?smart=true&auth=edbba40c7bdbbff5e8cbddeb7473ad045681893708f26fb33c920bbf78832b07&width=400&height=225)
CYVN will also be entitled to nominate two directors to Nio's board, the company said. Reuters
CYVN will also be entitled to nominate two directors to Nio's board, the company said. Reuters
China’s Nio signs agreement with Abu Dhabi’s CYVN for $2.2bn investment
The deal will take CYVN's shareholding to 20.1 per cent of electric car maker's total issued and outstanding shares