Police quickly arrested a suspect after responding to reports of a man lying in the road with stab wounds.
Officers gave first aid to the victim after they were called to Colwick, just after 12.50am today (Saturday 3 July).
Colleagues stopped a van in the area which was reported to have rammed into a vehicle parked nearby.
The driver, a 44-year-old man, was arrested on suspicion of attempted murder and drink driving and he remains in custody. A weapon has been recovered at the scene.
The victim, who is aged in his thirties, was taken to hospital with injuries not currently believed to be life-threatening.
Detective Inspector Ed Cook, of Nottinghamshire Police, said: “The investigation is still in its early stages and we are working hard to establish the circumstances of what took place.
“While we believe this was an isolated incident we are treating it extremely seriously.
“We will always respond immediately to any offences where we believe weapons have been used and then work tirelessly to gather evidence, locate suspects and bring them before the courts.
“We believe there were other people present in the area when this incident happened. I’m urging them to come forward and speak to us as they may have information which could aid us with our investigation. We’d also like to hear from anyone who may have captured CCTV or dash cam footage as we press on with our enquiries.
“I would ask anyone who has any information to please call Nottinghamshire Police on 101, quoting incident number 42 of 3 July, or call Crimestoppers anonymously on 0800 555 111.”
