NIO Entered Into Technology License Agreement with Forseven Limited

SHANGHAI, China, Feb. 26, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))), a pioneer and a leading company in the premium smart electric vehicle market, today announced that its subsidiary, NIO Technology (Anhui) Co., Ltd. (the "Company"), has entered into a technology license agreement (the "Technology License Agreement") with Forseven Limited ("Forseven"), a subsidiary of CYVN Holdings L.L.C. Pursuant to the Technology License Agreement, the Company will grant a non-exclusive and non- ...