Wuhan NIO Energy has increased its capital to 7.484 billion, an increase of approximately 320%.

According to Tianyancha's business information, recently, Wuhan NIO Energy Co., Ltd. underwent a business change, with its registered capital increasing from 1.784 billion RMB to 7.484 billion RMB, an increase of about 320%. The company was established in May 2017, with Guo Chenggang as the legal representative. Its business scope includes the research and development of energy recovery systems, sales of new energy vehicle battery swap facilities, and research and development of motors and their control systems. It is wholly owned by NIO Energy Investment Co., Ltd.