Faraday Future Eyes a Potential IPO in 2020
Faraday Future (FF), the electric car start-up aiming to challenge Tesla, held an “Evolution Strategy Communication Meeting” at the Los Angeles headquarters on Nov. 12.
NIO’s Shares Soar 76% on Second U.S. Trading Day
For William Li, Founder and CEO of the recently public EV startup NIO, the past few days must have been unforgettable. Priced near the bottom of its target range, NIO officially began trading on the New York Stock Exchange (NYSE) on Sept. 12.
EV Startup NIO to IPO on the NYSE at $6.26 Per Share
Electric vehicle startup NIO will officially begin trading on the New York Stock Exchange (NYSE) starting on September 12, under the ticker symbol “NIO”. This is the first Chinese EV startup to go public in the U.S.
Tesla Shanghai’s Registered Capital Rose to 4.67 Billion RMB
Tesla’s arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to the information shown by Shanghai Industry and Commerce Administration authority.
NIO Updates IPO Prospectus, Seeking to Raise $1.32 Billion
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.
Faraday Future Reveals First Pre-Production FF 91
Faraday Future (FF) announced the completion of the first pre-production of FF 91, the company’s first production vehicle and flagship model.
BYTON Showcased K-Byte Concept and M-Byte at Pebble Beach
Intelligent electric vehicle maker BYTON showcased its latest innovations at the 2018 Pebble Beach Concours d’Elegance on August 26, including the U.S. debut of the BYTON K-Byte Concept on the prestigious Concept Car Lawn.
XPENG Motors Completes Series B+ Round, Raises RMB 4 Billion at close to 25 Billion Valuation
Chinese electric vehicle startup XPENG Motors officially announces the completion of its Series B+ round of 4 billion yuan today, with Primavera Capital Group, Morningside Venture Capital, as well as Chairman and CEO of XPENG Motors He Xiaopeng himself jointly leading the investment.
Faraday Future Builds the First FF 91 Body-In-White, Delivery Set in December
Faraday Future (FF) announced on July 30 (PDT) the completion of its first body-in-white FF 91 electric vehicle (EV) in its Hanford assembly plant in Los Angeles.
Xpeng Motors Welcomes a Visit From Xiaomi CEO Lei Jun along with Leaders of YY and Kingsoft
He Xiaopeng, chairman of the Chinese electric vehicle startup Xpeng Motors, welcomed a visit from top Chinese tech leaders to the auto maker’s new headquarters in Guangzhou on July 18.
EV Startup NIO Signs Cooperation Agreement with Robert Bosch
China’s electric vehicle (EV) startup NIO signed a strategic cooperation agreement with the German engineering and electronics company Robert Bosch GmbH on July 9. The agreement focuses on cooperations in the areas of sensor technology, automated driving, electric motor controls and intelligent transport systems.
EV Startup Byton Raises $500 Million in Series B
Byton’s global headquarters officially opened in Nanjing on June 11, and announced the successful completion of their Series B round financing of up to $500 million on the same day.
Mobike’s Shared Cars to be Launched on the Bike-Sharing App Deliverable in October
China’s bike-sharing giant, Mobike Technology Co., unveiled its new shared car on April 19 in Beijing. Manufactured by Xinte Electric, a local electric car company out of the Guizhou province of China, the new shared automobile is called “DEV1 shared version”.
Faraday Future’s letter to staff shows FF China plant to start on schedule
Faraday Future, an American electric vehicle startup known as FF, issued a letter to staff today to celebrate its fourth anniversary and provide an update on the company’s progress.
Byton: Two German Expat’s Chinese Electric Vehicle Dream
At the 2018 Beijing International Automotive Exhibition this year, new car manufacturers Nio, Byton, Weltmeister and Singulato had their new production cars on display to rival the traditional car manufacturers.