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 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…
Voyah secures $2.1 billion in credit lines from 6 local banks
Voyah will raise a Series B round next and has plans for an initial public offering, its CFO said.
Nio invests in nuclear fusion startup Neo Fusion
Nio has acquired a 19.9 percent stake in Neo Fusion and Nio Capital has acquired a 10.1 percent stake.
Chinese Lithium giant Tianqi reportedly mulling stake in Mercedes-Geely JV Smart
Smart delivered 4,390 vehicles in China in April, down 25.73 percent from 5,911 units in March.
Nio Capital invests in Chinese SiC chip maker
Qingchun was founded in March 2021, and the core team members have been involved in SiC semiconductor technology for over 20 years, according…
Financially troubled Enovate reportedly close to getting life-saving money
Enovate has already owed its employees two months of salary arrears and its factory in Changsha, Hunan province, has shut down production this…
Nio Capital’s portfolio firm Standard Robots closes new financing
Standard Robots aims to use driverless, robotics and artificial intelligence technologies to create efficient and flexible logistics solutions…