Vinge has advised DiDi Chuxing in connection with its investment in the form of convertible loans in the Swedish electric car manufacturer National Electric Vehicle Sweden AB (NEVS).
The investment is part of a larger partnership agreement between DiDi Chuxing and NEVS, which includes both investment in NEVS and purchase of NEVS’ cars. DiDi Chuxing is the world’s largest provider of app-based taxi and ride-sharing services with around 400 million rides annually.
Vinge’s team consisted of partner Albert Wållgren and associates Helena Håkansson, Malte Hedlund and Elias Lundin.