NIO Secures RMB 2.257B Investment for Chip Unit

Shenji Secures RMB 2.257B to Advance Chip Development

On February 26, 2026, electric vehicle manufacturer NIO announced that its subsidiary, GeniTech Co., Ltd. (Shenji), entered into definitive agreements for a RMB 2.257 billion cash investment. The funding comes from a group of undisclosed investors based in China and is designated for Shenji, the entity primarily responsible for NIO's intelligent-driving chip business. This capital injection is designed to accelerate the development and production of NIO's proprietary semiconductor technology, a key element in the competitive smart EV landscape.

NIO Retains 62.7% Control in Strategic Chip Unit

Following the completion of the transaction, NIO will retain a controlling 62.7% equity interest in Shenji, ensuring the subsidiary's operations and technological roadmap remain tightly integrated with the parent company's vision. The new investors will collectively hold a 27.3% stake, while the remaining 10.0% is allocated to a share incentive plan for Shenji employees. By maintaining control, NIO ensures it can continue to consolidate Shenji's financial results and steer the development of what it considers a core technological advantage in the race for vehicle autonomy.