Electric car maker NIO found itself in a real hassle when Megatronix, a newly-founded electric car software company, started poaching its employees.
Following the release of a Reuters article on Sequoia Capital China’s 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.
Tightening emission regulations to combat the pollution issues have pushed the rapid development of new energy vehicles around the world.
It was hard not to be piqued by the presence on an NIO car on the track, the only Chinese representative at the Formula E
Chinese Internet giant Baidu topped industry peers by a landslide in autonomous driving technology by having the most number of test license plates and vehicles, and the longest overall distance driven.
Imagine driving in a heavily trafficked Beijing, passing Tiananmen square when you get a notification that your sleek NIO electric car needs to upgrade.
Some 33 Chinese companies got listed on the New York Stock Exchange and Nasdaq in 2018, a great leap from 2017’s 17 listings.
NIO ES6 — the high-performance intelligent electric SUV was officially launched on NIO Day 2018 which was celebrated at the Shanghai Oriental Sports Center on Dec. 15.
According to Beijing Innovation Center for Mobility Intelligent, the Beijing Municipal Government issued license plates to seven companies on September 22 for street testings of autonomous vehicles.
In Ep. 22 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about electric carmaker NIO, which went public on September 12 on the NYSE. This episode covers how NIO got started, its purported business model, and how it differs from its competition.
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.
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion.
After getting wind of Tesla’s contemplation over going private, Chinese electric car manufacturer, NIO, is rushing to go public to fill in Tesla’s void – and to raise additional $1.8 billion for its rising operational costs. Tesla CEO Elon Musk said he may use Saudi Arabian capital to finance the company’s move in the near…
Here’s this week’s roundup of China tech stories.
NIO Automobile submitted its prospectus to the U.S. Securities and Exchange Commission (SEC) for an IPO on the New York Stock Exchange. It plans to raise up to US$1.8 billion, which will be the largest listing of a Chinese auto company in the United States.