NIO(NIO) - 2024 Q3 - Quarterly Report

Exhibit 99.1 NIO Announces RMB3.3 Billion Investment in NIO China from Strategic Investors SHANGHAI, China, September 29, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) ("NIO" or the "Company"), a pioneer and a leading company in the global smart electric vehicle market, today announced that it has entered into definitive agreements for investment in NIO Holding Co., Ltd., a PRC subsidiary in which it holds 92.1% controlling equity interest ("NIO China"), with Hefei Jianheng New Energy ...