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CYVN Holdings

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+ CYVN Holdings

History

2024: Buying sports car maker McLaren

Abu Dhabi-based CYVN Holdings bought sports car maker McLaren Automotive. This deal became known at the end of October 2024. Read more here

2023: Investment in NIO

On December 18, 2023, the state investment fund CYVN Holdings of the Abu Dhabi government announced its intention to invest more than $2 billion in the Chinese developer of smart electric vehicles Nio. Within the framework of the agreement, the parties, as well as their regional structures, will be engaged in "the development of strategic and technological cooperation in international markets." Read more here.