Jamie Carlson, the North America-based vice president of autonomous driving for NIO and former staff at Apple’s car project Titan, resigned in June and returned to Apple’s Special Projects Group.
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The Nasdaq-listed leading domestic EV maker NIO Inc (NYSE: NIO) announced on Aug. 11 its unaudited financial results for the second quarter, which ended on June 30, before the close of the US stock.
Leading domestic electric vehicle manufacturing NIO and retail giant Suning signed a strategic cooperation agreement on Aug. 5.
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.
Chinese grocery e-commerce platform MissFresh announced Thursday a new $495-million funding round led by a fund under state-backed China International Capital Corporation.
Shanghai-based EV maker NIO is setting up a battery asset management company in August to boost the separation of cars and electricity and launch BaaS (Battery as a Service) products.
Leading Chinese electric vehicle maker NIO patented a technology on July 17 for a wireless charging system for an electric vehicle, as well as the same charging method (CN111422080A).
Chinese electric vehicle maker Li Auto has filed for a U.S. initial public offering, aiming to list its shares on the Nasdaq Global Market on July 31.
Chinese EV Maker Leading Ideal is expected to have its IPO in July or August, which is sill in dispute by people.
Though influenced by the COVID-19 pandemic, NIO's losses are narrowing. What's more, NIO has reached agreements with investors for investment in China.
Chinese electric vehicle startup NIO has secured a $1 billion financial lifeline from several state-owned investors led by Hefei City Construction and Investing Holding.
Tesla is on track to topple BYD as the world's largest NEV manufacturer. To make things worse, now that Tesla has a factory in China, its low-end products are priced almost at the same level as BYD's high-end products.
On March 18, Chinese EV-maker NIO released its latest financial report showing that the company’s fourth-quarter revenue fell year-on-year, while losses mounted.
Chinese AIoT giant Xiaomi has launched a Xiaomi Watch app in cooperation with local premium EV-maker NIO.
As the COVID-19 outbreak shows few signs of ebbing, the impact of the epidemic is becoming evident in pretty much all industries. China’s new energy vehicle (NEV) sector is no exception.