
NIO R&D Vice President Leaves The Company Luring Employees Into a New Enterprise
Electric car maker NIO found itself in a real hassle when Megatronix, a newly-founded electric car software company, started poaching its employees.
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Electric car maker NIO found itself in a real hassle when Megatronix, a newly-founded electric car software company, started poaching its employees.
Tesla is currently building the second phase of its Shanghai plant, which seems to be in the roof laying stage.
Less than two weeks before announcing a $500 million series C+ round of financing, Xpeng Motors has once again raised $300 million in financing, Chinese tech media 36Kr reported, citing a source with knowledge of the matter.
Tightening emission regulations to combat the pollution issues have pushed the rapid development of new energy vehicles around the world.
Leading Chinese EV maker Xpeng Motors (stock code: XPEV) kicked off trading on the New York Stock Exchange on the evening of Aug. 27 (Beijing Time) with an opening price of $23.1, soaring 56% from the issue price of $15 per share.
In last week’s VC news, Kuaikan raised the biggest funding round ever in the country’s comics industry, chip maker Pingxin Technology closed a $10 million Pre-A round, while Geely’s Zeekr closed its first external financing round.
Leading domestic EV manufacturer Li Auto signed a tripartite strategic cooperation agreement today with NVIDIA.
Chinese real estate giant Evergrande Health Industry Group Limited (Evergrande Health) announced on August 3 the prototypes of six new energy vehicle (NEV) models under its Hengchi brand in Shanghai and Guangzhou at the same time, marking a substantial development of the company in the NEV field.
Chinese electric vehicle (EV) startup Xpeng Motors has received a license from China’s Ministry of Industry and Information Technology to produce whole vehicles, the company announced today.