NewsMicro-mobility startup Yulu raises USD 4 million from US-based RocketshipThe company claimed it has seen a V-shape recovery after the lockdown. 2 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
Existing investor Tencent will secure 2.8% of Nio’s ADS for about USD 10 million. NewsNio to raise over USD 344 million by offering 60 million ADSs amid tight liquidity2 mins read
The startup, valued at USD 400 million last year, submitted the documents to the SEC in secret, according to sources. NewsExclusive | Chinese Tesla challenger Xpeng to file for US IPO seeking USD 500 million [Update]2 mins read
Semiconductor investment has been growing steadily in 2020 as China aims for technological self-sufficiency. Visual StoriesKEY STAT | BYD Semiconductor raised USD 270 million, setting stage for IPO2 mins read
The firm expects to break its quarterly record for vehicles delivered in the second quarter. NewsChinese Tesla competitor Nio’s revenues down nearly 16% in Q1, but firm predicts swift recovery1 min read
Ola Electric competes with companies such as Bounce, Vogo, and Yulu, among others. NewsOla Electric acquires Dutch startup Etergo BV in global e-bikes push2 mins read
