Visual StoriesKEY STAT | Cash-craving Nio issues second round of convertible notes in 2020Is Nio facing the risk of running out of cash? 2 mins read
The company plans to raise over USD 1.4 billion for setting up headquarters in Hefei. NewsCHINA BRIEF | Nio announces private placement of USD 235 million convertible notes1 min read
Xpeng says Gu’s resignation will not impact the company’s self-driving business. NewsCHINA BRIEF | Vice president of Xpeng’s autonomous driving division Gu Junli steps down1 min read
The EV maker blamed supply chain issues. NewsTesla faces backlash over hardware downgrade affecting made-in-China Model 3 vehicles2 mins read
It raised USD 105 million in equity funding earlier this year. NewsIndian electric vehicle startup Bounce raises USD 6.5 million venture debt from InnoVen Capital2 mins read
Facing weak sales and dwindling funds, Nio is now fighting for survival. VideosVideo | China’s Tesla challengers: Will Nio live up to its hype?1 min read
The deal was first reported by a Chinese media outlet on February 18. NewsCHINA BRIEF | Nio denies rumors of USD 300 million investment from Geely1 min read
The company plans to raise over RMB 10 billion (USD 1.4 billion) for this project. NewsCHINA BRIEF | Nio to establish China headquarters in Hefei as it launches EC6 production1 min read
The San Francisco-based company plans to expand its EV fleet in India to 1500 by this year from the current 350 vehicles. NewsUber to plug into India’s electric vehicle space3 mins read