Nio Capital invests in electric commercial vehicle maker Newrizon
Newrizon was founded in September 2020 by former Nio senior vice president Huang Chendong.
Zeekr secures $750 million in Series A funding, bringing valuation to $13 billion
Zeekr filed a draft registration statement for a potential IPO with the SEC on December 7 on a confidential basis.
Nio Capital leads Series A funding round in local battery recycling firm
Ruilong was founded in 2016 and has four recycling plants, three of which are already in operation.
Chinese auto chip maker SemiDrive closes $140 million Series B+ financing
SemiDrive currently has four series of products with an annual output of one million chips.
Battery maker Svolt, spun off from Great Wall, files for IPO in China
Svolt Energy plans to raise RMB 15 billion, seeking a valuation of RMB 60 billion.
Voyah closes Series A funding at valuation of about $4.2 billion
The latest market capitalization of Nio, Xpeng Motors and Li Auto are now $17.8 billion, $6.9 billion and $18.5 billion, respectively.
Xpeng-backed LiDAR maker Zvision closes Series C funding round
Zvision closes tens of millions of dollars in Series C funding, raising nearly $100 million this year.
Xpeng’s flying car arm secures over $800 million in credit from 4 banks
Xpeng Aeroht said the move will increase its confidence in the flying car business and support it to increase capital investment in research…
Nio’s semi-solid-state battery supplier WeLion closes about $200 million in new funding
Following the completion of the financing, WeLion will further accelerate the construction of its production line and increase its R&D…
Xpeng raises $134 million through ABS issuance in Shanghai
This is Xpeng's second ABS offering in the domestic capital market, further diversifying its direct financing channels on China's two major exchanges.