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The Chinese of NIO found money in Russia: the company invested RCIF

Russia-China investment Fund (RCIF), created by the Russian direct investment Fund and the Chinese company China Investment Corporation, invested in a Chinese startup NIO. The first production model of the NIO will be an electric crossover ES8.


The volume of investment is not specified, but the report said that investrade was also attended by investors from the USA, Western Europe, Asia and the Middle East. Since we are talking about institutional investing, no effect on the activity of NIO those companies that invested in it, to be able to. They will not get and access to technology.

Company NIO, formerly NextEV, one of the most ambitious startups in the segment of developers and manufacturers of electric vehicles. The company was established on the basis of race teams competing in the championship of Formula E. the Main investor was a Chinese businessman William Lee. Executive Director NextEV and, accordingly, subsequently, the NIO was Martin Leach, who previously held the posts of top managers in Ford, Mazda and Maserati. Chief designer Chris Tomasson, who previously worked at Coca-Cola and Ford, but has acquired fame as a stylist exteriors line i-mobile company BMW.


In may this year, the Chinese brought to the Nurburgring Nordschleife its first electric car: supercar EP9, which set an absolute lap record, beating the machines of all its well-known competitors.

However, the company never hid that EP9 — imidzhevyj project. By may, the company made a total of six copies, and all copies of the supercar consists of 16 electric cars each cost about $ 1.5 million. They will be distributed among the members of the management Board of the company.

  • The first mass electric vehicle NIO should be electric crossover ES8, a concept which the Chinese showed in April of this year at the motor show in Shanghai.
  • The declared maximum speed Nio EP9 is “only” 313 km/h. freshly Baked American electric sedan Lucid Air much faster: in April, he clocked on profiled ring in Ohio up to 350 km/h, and the manufacturer claims that this is not the limit.

The Chinese of NIO found money in Russia: the company invested RCIF

Photo: NIO

The Chinese of NIO found money in Russia: the company invested RCIF

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