NewsNio plans to sell new shares to fund research and salesNio’s shares surged 19-fold in the past twelve months. 1 min read
Nasdaq-listed Nio also reported record-high deliveries in the same month. NewsKEY STAT | Xpeng deliveries up 342% in November as China’s EV industry gains steam1 min read
After surviving last year’s financial trouble, Nio has ramped up efforts in its self-driving division. NewsNio relaunches in-house development of L4 autonomous driving technology2 mins read
China’s EV startups have posted strong Q3 results as clean-energy cars gain national support. NewsKEY STAT | Chinese Tesla rival Nio reports largest quarterly deliveries in Q32 mins read
Sales of new energy vehicles in China is expected to reach 20% of total car sales by the end of 2025, the state council says. NewsChinese electric car deliveries ramp up but design flaws still cast a shadow2 mins read
Tesla increased Model 3 production capacity at its Shanghai Gigafactory to 250,000 units a year and it is building a new factory for its Model Y. NewsTesla reports another profitable quarter with an eye on China3 mins read
The investment indicates investors are picking up confidence in the ride-hailing sector again after a two-year winter. NewsFollowing Dida’s IPO filing, Shouqi Yueche closes Series C round2 mins read
Faraday Future will use the new funds to support mass production of its FF 91 model. NewsEV maker Faraday Future raises USD 45 million in debt financing2 mins read
Joynext has been developing so called 5G V2X in-car hardware for autonomous vehicles to enable communication between vehicles, passengers, and road infrastructure. NewsAutomotive firm Joynext scores USD 106 million to boost smart driving1 min read
NewsDeals in brief: Granite Asia leads investment in VFlowTech, Alterno and BrioHR raise funding, latest China deals, and more
