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Trusted by
Acquiring Company
Geely
Acquired Company
NIO
Hong Kong SARShanghaiManufacturingAutomotiveManufacturingAutomotiveElectronicsElectric VehicleBatteryDescription
Geely will acquire a 30% stake in Nio Power as part of agreements related to battery swapping and charging businesses. The deal values Nio Power at approximately 16 billion yuan. Geely will also provide a cash component along with an equity interest in its unit Yiyi Internet Technology. Nio Holdings will retain a controlling interest after the transaction.
Fundz sees it the moment Geely makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired NIO?
NIO was acquired by Geely, based in Hong Kong SAR. The deal was reported on September 28, 2026. Geely is a leading automotive manufacturer in China known for its innovative electric vehicles. The company has a diverse portfolio, including ownership of various international automotive brands. Geely is privately held and operates in Manufacturing.
When did Geely acquire NIO?
Geely's acquisition of NIO was reported on September 28, 2026. Geely will acquire a 30% stake in Nio Power as part of agreements related to battery swapping and charging businesses. The deal values Nio Power at approximately 16 billion yuan. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does NIO do?
NIO is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle. It is publicly traded (NIO), operating in Manufacturing, and is based in Shanghai.
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