NewsTencent-backed Momenta begins robotaxi trials this fallStartup eyes data-sharing tie-ups to scrap ‘safety drivers’ by 2024. 2 mins read
The new JV, called Wibot, hopes to bring autonomous street-cleaning vehicles to the US and Europe. NewsCHINA BRIEF | Autowise.ai teams up with Boschung to bring autonomous street sweepers to Europe, US1 min read
Byton, which promised a vehicle with a 48-inch video screen spanning the whole dashboard, is unlikely to launch its debut model anytime soon. NewsEV maker Byton suspends operations in China, files for bankruptcy in North America and Europe2 mins read
Investors will inject in total USD 990 million into Nio China in five installments. NewsCHINA BRIEF | Nio China secures USD 680 million cash injection1 min read
The cash-craving EV startup rebounded strongly from the pandemic’s impact, setting a monthly record for electric vehicles sold in May. Visual StoriesKEY STAT | Tencent makes new bid for Chinese EV maker Nio2 mins read
The company claimed it has seen a V-shape recovery after the lockdown. NewsMicro-mobility startup Yulu raises USD 4 million from US-based Rocketship2 mins read
China and India markets stalled by government policy U-turns. InsightsAsia’s electric car sales drift into the slow lane7 mins read
The company plans to install at least 4,000 more chargers in China by the end of 2020. NewsCHINA BRIEF | Tesla installs nine more Supercharger stations in Beijing1 min read
Strong US and Asian investors’ demand for its first new share sale since listing in New York comes even as Nio says it will not pay dividends any time soon. NewsLoss-making Chinese Tesla rival Nio expands new American depositary shares sale, raises USD 428 million on strong demand2 mins read
