Chinese electric vehicle startupNio Inc. (NYSE:NIO) announced late Friday that it has struck a partnership with one of its strategic investors to foray into the Middle East and North Africa. What Happened: Nio has tied up with Abu Dhabi-based CYVN Holdings to launch the Nio MENA in a bid to launch Nio-branded vehicles and vehicles from its subsidiary in the region, the Shanghai-based company said in a statement. This, according to the company, will expand its footprint and integrate further into the “global smart EV ecosystem.” CYVN Holdings will support Nio with strategic investments for the …
