On the evening of March 5, NIO announced the completion of a $235 million convertible bond financing project. It is reported that the investors of this time are several Asian investment funds, all of which are "non-related parties", that is, pure financial investors. As of now, NIO has completed a total of $435 million in convertible debt financing this year.

On February 25, the company announced that the "NIO China" headquarters was officially settled in Hefei, and NIO also signed a strategic cooperation framework agreement with Hefei City. At the same time, the mass production project of NIO EC6 also officially started. The Hefei Municipal Government will invest in the NIO China headquarters project through designated investment companies and joint market-oriented investors. The total investment is expected to be no less than 10 billion yuan.

Although just two months have passed in 2020, NIO's financing pace is gradually accelerating. In February, NIO successively announced two convertible bond financings totaling up to $ 100 million. Even affected by the new crown pneumonia epidemic, these two financings have alleviated NIO's funding pressure to a certain extent. Coupled with this latest financing, it also guarantees that NIO will not be hit hard during this extraordinary period.

Previously, NIO co-founder and president Qin Lihong once said: "The capital density of the automotive industry is very high, so financing cannot be stopped. This time the Hefei government promised to inject at least 10 billion funds, which can help us carry out many things. In the process, NIO will not exclude financing from other channels. "