NIO Capital, an investment firm founded by leading Chinese EV maker NIO, announced on December 30 its US dollar fund (Eve ONE L.P.) has completed the first fundraising with over $200 million collected from a number of world’s leading investors.
Dec. 30 , 2019
China’s self-owned taxonomy related to driving automation for vehicles has recently approved by the National Technical Committee of Auto Standardization, and is set to be launched in 2020.
Dec. 30 , 2019
On December 30, the first batch of China-built Tesla is handed over to 15 Tesla employees at the startup’s first manufacturing plant outside the U.S.—Shanghai-based Gigafactory 3, Tesla announced via its social media platform.
Dec. 30 , 2019
On December, 26, Hainan province government issued a pilot scheme for shared mobility service from 2019 to 2025 with an aim to have 6,000 shared cars by 2022 and 10,000 units by 2025 in the well-known tourist province.
Dec. 30 , 2019
Toyota, the old-line automaker obviously knows that the “four trends” (electrification, intelligence, connectivity and sharing) are crucial to its long-term sustainable development in this country.
Dec. 30 , 2019
On December 27, FAW Group and Internet titan Alibaba Group formed a strategic cooperation on building next-generation intelligent-connected vehicles (ICV), according to a press release from the state-owned automaker.
Dec. 29 , 2019