On February 25, the signing ceremony of Anhui province's major industrial project took place at the JAC-NIO production base in Hefei.
As of December 31, 2019, Hillside Capital no longer holds equity in NIO. So far, 2020 has seen NIO raise $200 million in convertible bond financing.
Chinese electric vehicle (EV) manufacturer NIO announced a $100 million short-term debt offering on Thursday and said it’s “currently working on several other financing projects.”
Xpeng Motors announced on December 11 that they had entered a partnership with NIO Power to collaborate on battery charging services, to optimize the charging experience for customers.
The shares of the Chinese EV-maker NIO soared nearly 38% on November 5 after the company announced a deal with Intel's Mobileye on developing self-driving vehicle systems.
On October 14, reporters from Chinese media 21Tech met with the new global CEO, Carsten Breitfeld, in FF's Beijing office to discuss his vision for the company and Jia Yueting's bankruptcy announcement.
On September 19, 2019, in Los Angeles, Faraday Future (FF) officially announced the latest equity financing, IPO, and FF 91 delivery strategy at the 2019 "919 Futurist Day" event.
On May 31, Tesla announced that it will produce the Model 3 standard range version at the Shanghai Gigafactory in China. The vehicle is now also officially available for pre-orders. The standard range Model 3 has a cruising range of 460 km and sells at 328,000 yuan (~$47,450). It is 49,000 yuan cheaper than the […]
Electric car maker NIO found itself in a real hassle when Megatronix, a newly-founded electric car software company, started poaching its employees.
Tightening emission regulations to combat the pollution issues have pushed the rapid development of new energy vehicles around the world.
“Thanks for your attention to our brand new flagship V9. The basic design principle would be a mobile smart product that combines design, artificial intelligence and seamless interconnectivity between vehicles and people.”
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.
Electric car startup NIO announced the official delivery of its second batch of ES8 on June 28, which was the first time the company has delivered vehicles to consumers in the market.