Nio Capital invests in nuclear fusion technology startup
The company, called Energy Singularity, aims to explore commercially viable fusion energy technologies and eventually achieve human energy freedom.
Nio, Xpeng, Li Auto to take stake in battery maker Sunwoda’s subsidiary
An affiliate of Li Auto will invest RMB 400 million and a fund related to Nio's William Li will invest RMB 250 million.
Xpeng raises $122 million in China capital market through ABS issuance after Nio
After Nio issued the first ABS for carbon-neutral projects in China at the end of October last year, Xpeng also successfully used this…
Hozon, which owns Neta brand, reportedly closes over RMB 2 billion in new financing
Neta's total financing to date exceeded RMB 14 billion, equivalent to the total financing raised by Nio at the end of 2017.
Nio-backed self-driving trucking service provider Trunk Tech closes Series B funding round
Trunk Tech closed its Series A funding round in October 2018, when Nio Capital was one of the lead investors.
Chinese EV startup founded by former Volkswagen exec reportedly secures RMB 10 billion investment
Binli, founded by former Volkswagen China executive vice president Weiming Soh, recently received a strategic investment from Wuhan-based…
Sinopec invests in Nio Capital’s portfolio company that produces carbon fiber materials
Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.
EV startup Eezi Tech closes Pre-A funding round, aims to launch first production car this year
Rather than developing its first model from scratch, Eezi Tech has chosen to have other OEMs build it for it.
Jidu closes nearly $400 million Series A funding as Baidu ramps up its EV push
The funding round, from Baidu and its strategic partner Geely, will help JiDU accelerate the development and mass production of its first robot car.
Hozon, which owns Neta brand, reportedly seeks pre-IPO financing at $7 billion valuation
Hozon is seeking to raise about $500 million ahead of a potential Hong Kong IPO this year, valuing it at RMB 450 ($7.1 billion), Bloomberg reports.