Nio says will focus on sales of EC6 and ES8 after China headquarters settled in Hefei
Almost at the last moment, Nio was once again getting the long-awaited funding: more than 10 billion yuan. The capital market gave positive feedback, and the pre-market share price rose over 33%.
Pony.ai valued at $3 billion in Series B funding, record high in China's self-driving industry
On February 26, autonomous driving company Pony.ai announced that it had raised $400 million in financing from Toyota Motor Corporation to deepen and expand cooperation between the two companies in the field of mobility.
Nio founder denies Geely investment report
In response to previous reports that Geely will invest 300 million US dollars in Nio, Nio chairman and CEO Li Bin today denied the rumor.
Nio founder says China headquarters in Hefei is a reasonable choice
On February 25, the Nio SUV EC6 mass production project was launched at the Hefei Jianghuai Nio Advanced Manufacturing Base.
Nio plans to list on China's newly established technology board by 2025
At the signing ceremony, the two parties also proposed that by 2025 Nio will be listed in China's "SSE Star Market" (Sci-Tech innovAtion boaRd), which was launched in the middle of last year, according to Yicai.com.
Audi E-Tron SUV production suspended due to battery shortage
Due to battery shortages, Audi temporarily suspended production of its electric SUV E-Tron.
Tesla reportedly confirms delivery of Model Y next month
In the previous financial report, Tesla disclosed the Model Y cross-border sports utility vehicle, which began mass production in January and is expected to begin delivery at the end of the first quarter.
Geely still intends to invest in Nio, report says
Geely still have an intention to invest in Nio, especially after the failed acquisition of Aston Martin, Geely needs new projects to improve its strategic layout, 21st Century Business Herald quoted people familiar with the matter as saying.
Nio China headquarters will be in Hefei, EC6 mass production starts
Nio signed a cooperation framework agreement with Hefei City, and leaders of Anhui Province and Hefei City attended the signing site. According to the agreement, the Nio China headquarters project will be settled in Hefei, Sina Tech reported on Tuesday.
Volvo's Polestar teases new concept car set to debut in Geneva Motor Show
Volvo's Polestar brand recently released a preview image of its new electric concept car, which is expected to officially debut at the 2020 Geneva Motor Show that is set to open on March 3.
