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Nio to license technology to Middle East start-up

Chinese electric-car builder Nio has signed a deal to license its technology to Forseven, a unit of Abu Dhabi government fund CYVN Holdings, in the latest sign of Chinaโ€™s increasing influence in the global electric vehicle (EV) industry, reports the South China Morning Post. Shanghai-based Nio, via its subsidiary Nio Technology (Anhui), allows Forseven, an…
Hong Kong Abu Dhabi Eric Han South China Morning Post Nio Technology Anhui China Morning

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