Fund Raising
Sinopec invests in Nio Capital's portfolio company that produces carbon fiber materials
Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.
EV startup Eezi Tech closes Pre-A funding round, aims to launch first production car this year
Rather than developing its first model from scratch, Eezi Tech has chosen to have other OEMs build it for it.
Jidu closes nearly $400 million Series A funding as Baidu ramps up its EV push
The funding round, from Baidu and its strategic partner Geely, will help JiDU accelerate the development and mass production of its first robot car.
Hozon, which owns Neta brand, reportedly seeks pre-IPO financing at $7 billion valuation
Hozon is seeking to raise about $500 million ahead of a potential Hong Kong IPO this year, valuing it at RMB 450 ($7.1 billion), Bloomberg reports.
Nio-backed self-driving chip maker Black Sesame secures investment from Bosch's fund
The investment will further deepen Black Sesame's partnership with Bosch, Nio Capital said.
Nio Capital-backed EV parts maker gets investment from Xiaomi
This is not the first time Xiaomi has invested in a Nio-backed company.
Xpeng leads latest round of funding in LiDAR maker Zvision
This is the first time we have seen Xpeng invest in a LiDAR maker. The LiDAR supplier for the Xpeng P5 is Livox and for the G9 is RoboSense.
Nio Capital joins Pre-C round of funding for industrial robot maker Standard Robots
Standard Robots was founded in 2016 and focuses on autonomous mobile robot manufacturing and flexible logistics solutions.
Svolt charges up global EV battery race with $943 million in new funding
The newest entrant from China thinks it could take up nearly a third of the global market over the next five or six years.
Svolt Energy closes about $940 million in Series B+ financing
The funds will be used mainly to develop new technologies and build new production bases and R&D centers.