Nio says rumors of Mercedes deal false
Last week, William Li accompanied several foreigners on a tour of a battery swap station, sparking a new round of rumors that Nio and…
Audi partners with SAIC, to launch EV models for segments it hasn’t yet covered in China
Through Volkswagen's partnership with Xpeng and Audi's with SAIC, Volkswagen is strengthening its position in the Chinese auto market, the…
VW to invest $700 million in Xpeng and co-develop EVs
Xpeng and Volkswagen will initially co-develop two B-segment BEVs sold under the Volkswagen brand in the Chinese market using Xpeng's G9…
Self-driving startup HoloMatic closes $140 million Series C funding round
HoloMatic expects its losses to narrow dramatically by 2024 and to break even by 2025, when it will apply for a stock market listing.
Sunwoda to split EV battery unit for separate listing in Shenzhen
Sunwoda's power battery installations in China amounted to 0.73 GWh in June, placing it at No. 6 with a 2.21 percent share.
Solid-state battery startup Talent New Energy closes new funding, has over 10 GWh of capacity planned
Talent's second phase of a 2 GWh/year plant in Chongqing is expected to be completed by the end of 2023, and a 10 GWh/year industrial park…
Chinese lithium giant Tianqi leads Series A funding in Mercedes-Geely JV Smart with $150 million
Tianqi has acquired a 2.83 percent stake in Smart, giving the Mercedes-Geely JV a valuation of $5.3 billion.
Nio announces closing of investment from Abu Dhabi fund
Nio and the CYVN entities will work together on strategic collaborations in international business and technology partnerships, the EV maker said.
Nio says Abu Dhabi investment took just 3 weeks from talk to deal
The partnership, which went from discussion to agreement in just three weeks, demonstrates Abu Dhabi's commitment to investing in technology…
Nio secures $1.1 billion investment from Abu Dhabi fund
The investment will further strengthen Nio's balance sheet to power its continuous endeavors in accelerating business growth, driving…