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Nio Capital invests in YKC, a charging infrastructure startup

Nio Capital has invested an undisclosed amount in YKC, a Chinese startup that provides cloud service for electric vehicle charging stations. As of August, the startup served more the 80,000 public charging points, the fourth-largest number nationally. It trailed state-backed Teld, Volkswagen partner Star Charge, and State Grid. [YKC statement, in Chinese]

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