Abu Dhabi-based CYVN Holdings has entered into a non-binding agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), ...

NIO aims for a 2026 hybrid launch with strong investments backing it. See why NIO stock could rise as the company targets new ...

Bahrain sovereign wealth fund Mumtalakat agreed to sell the specialty carmaker to CYVN Holdings, which also has investments ...

This comes just seven months after the company was acquired by Bahrain's sovereign wealth fund.

In a notable shift in the automotive world, McLaren Automotive, the renowned British supercar manufacturer, may soon have a ...

No financial details about the deal between Bahrain's sovereign wealth fund and CYVN Holdings have been revealed ...

Development of the extended range hybrid, under the Firefly brand, stems from suggestions by Nio's main investor, Abu Dhabi ...

The deal will bring access to additional capital, advanced engineering expertise and technology, particularly in the field of electric vehicles.

Chinese electric vehicle maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas ...

The potential partnership would also see the Abu Dhabi investment firm acquiring a non-controlling stake in McLaren Group ...

McLaren's supercar business has been sold in a deal that likely paves the way for the launch of the brand's first EV.