Nio Capital leads Pre-A round of funding for self-driving sanitation vehicle startup Yunchuang
In November 2021, Yunchuang launched five YC-200 driverless sweepers in Suzhou's Jinji Lake Scenic Spot, saving dozens of laborers.
Nio Capital reportedly leads investment in local computer CPU maker CIX Technology
Nio Capital led a recent funding round of about $50 million in ARM CPU startup CIX Technology, bringing the company's post-investment…
BAIC BluePark plans to raise up to $1.2 billion via new share offering
BAIC BluePark said in an earnings preview on Thursday that it expects a net loss of RMB 1.8 billion to RMB 2.2 billion for the first half of the year.
Xpeng Robotics closes over $100 million in Series A funding, expects smart robots to enter households in next two years
Xpeng Robotics, which unveiled its first product last year and brought in an industry veteran, will use its latest financing to ramp up its R&D.
Chinese battery maker Sunwoda plans to issue GDRs and list them in Europe
Sunwoda plans to issue GDRs and have them listed on the SIX Swiss Exchange/London Stock Exchange. In March, Gotion High-tech announced a similar plan.
Li Auto to issue up to $2 billion in additional ADSs, shares down 5% in early trading
Li Auto's move seems to be a preparation for its capital needs in the coming years. As of March 31, it had cash reserves of RMB 51.19 billion
Self-driving chip maker Horizon Robotics gets strategic investment from FAW
In May, FAW's Hongqi brand confirmed that it will use Horizon Robotics' chips in a new model.
CATL officially sets price of its share offering at RMB 410
CATL raises a total of RMB 45 billion through the offering, which will be used for lithium battery capacity construction and technology…
CATL has set price for its share offering at RMB 410, report says
The pricing represents a 12 percent discount to CATL's closing price in Shenzhen on Wednesday and a premium of about 21 percent to the…
WM Motor files for Hong Kong IPO
In 2019-2021, WM Motor had vehicle sales of 12,799, 21,937 and 44,152 units respectively.