BYD closes private placement of additional shares in Hong Kong, securing $1.77 billion in funding
BYD's shares traded in Hong Kong rose 3.36 percent to HK$314.2 as of press time, and it is up about 26 percent in the past month.
Chinese self-driving unicorn Momenta closes over $1 billion in Series C funding
In 2017, Momenta received a $46 million Series B investment led by Nio Capital, the venture capital arm of Nio.
BYD aims to raise $1.77 billion by issuing 50 million additional shares in Hong Kong
BYD's offering price offers a discount of about 7 percent to Friday's closing price.
Nio taps China funding channels as its subsidiary issues $161 million in ABS
Nio's finance and leasing subsidiary marked the EV maker's debut in the Chinese capital market with a successful RMB 1.03 billion ABS issuance…
Chinese EV startup Neta closes Series D1 funding round of about $625 million
Qihoo 360, China's largest cybersecurity company, led the round with RMB 2 billion.
China’s largest cybersecurity firm plans to invest $450 million in EV startup Neta
Qihoo 360's stake in Neta will reach 16.59 percent, making it the second-largest shareholder after its management team.
WM Motor expects to raise $500 million in new financing
This includes $300 million in Series D1 financing and $200 million in Series D2 financing, which is expected to accelerate the company's overseas IPO.
GM confirms $300 million investment in Chinese self-driving unicorn Momenta
Momenta was founded in 2016 and received a $46 million investment led by Nio Capital in 2017.
Nio Capital invests in AR company Nreal
Nio Capital managing partner Zhu Yan said he is bullish on the application of AR/VR glasses in automotive scenarios, especially the new…
Nio-backed self-driving chip maker Black Sesame closes new funding led by Xiaomi-backed fund
Black Sesame said the two funding rounds amounted to hundreds of millions of dollars, giving it a valuation of nearly $2 billion.