Fund Raising
Chinese charging pile operator Teld secures $44 million investment
Teld was priced at RMB 14.6 yuan per share, valuing the company at approximately RMB 13.6 billion after the investment.
Xpeng plans global offering of 85 million new shares, including 4.25 million in Hong Kong
Xpeng Motors has applied to trade in Hong Kong under the ticker symbol "9868," saying the maximum offer price for the Hong Kong public offering will be HK$180 per share or US$23.19, which is equivalent to US$46.39 per ADS.
Chinese LiDAR startup Zvision secures Intel investment
Zvision is currently valued at around RMB 1 billion ($155 million), Chedongxi.com said, citing sources familiar with the matter.
Qualcomm-backed self-driving startup ZongmuTech closes new $190 million funding round, considers A-share listing
This is one of the first investments made by a Xiaomi-backed fund in the smart vehicle industry chain since the smartphone giant officially announced its entry into the car-making field on March 30.
Chinese self-driving startup WeRide closes Series C round, valuing it at $3.3 billion
WeRide is currently conducting unmanned testing in China and the US to prepare for the final step of test validation for the operation of driverless minibuses.
Nio's LiDAR supplier Innovusion closes $64 million Series B round
Nio CEO William Li has said that the company has no plan B on the LiDAR option, implying that Nio is fully supporting the development of Innovusion.
Li Auto completes offering of $862.5 million convertible senior notes
Li Auto closed down 4.3 percent to $21.78 on Monday. Its Chinese peer Nio also closed down 2.57 percent to $37.14, and Xpeng Motors fell 1.45 percent to $33.99.
Li Auto to issue up to $750 million in convertible notes, shares fall 4% after hours
Chinese electric car maker Li Auto announced plans Monday to issue up to $750 million in convertible senior notes due 2028 , its first capital markets financing so far this year.
Nio Capital leads $20 million funding for VR firm NOLO VR
NOLO VR is the only mobile VR hardware brand in the world other than Oculus that owns one of the most core key technologies of VR - 6DoF interaction technology.
Nio Capital invests in firm that provides self-driving solutions for mining vehicles
Nio Capital is a private equity investment institution with RMB 10 billion funds under management.