NIO considers introducing strategic investors to support chip business development

NIO is considering introducing strategic investors for its chip business to support the development of its self-developed chips. At present, the business still belongs to the company's internal department and may be separated from the organizational structure by establishing a new company in the future. NIO plans to sell a small amount of equity but retain control of the project. It is reported that NIO may adopt two ways to introduce investors: one is to introduce only the funding party, and the other is to add an employee stock ownership platform. At present, NIO has launched two self-developed chips, including the laser radar master control "Yang Jian" and the intelligent driving chip "Shenji NX9031".