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Nio garners $2.2 billion investment from UAE fund

Teslarati

Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the company in July, according to Financial Times. We are looking for new investors, and financing is one of our daily jobs,” Qin said. “We The post Nio garners $2.2

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

Together, the three quotes provide a framework for analyzing Saudi options heading into the December 4 OPEC meeting in Vienna and its choices vis-à-vis the OPEC outsiders (all members but Saudi Arabia and its Gulf Arab allies, Kuwait, UAE, Qatar): reconciliation, separation, or divorce. If You’re a Free Range Oil Producer. percent to $38.1

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

for example, has ended fuel subsidies, thereby essentially, increasing its budget revenues, while Saudi Arabia recently floated a $4-billion domestic bond offering to help finance its budget. Given this environment, it is not surprising that the revenue elasticity of production is highly sensitive, and negative.