Nio
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Trends
Is BYD Still Leading The EV Race Or Just Running Harder To Stay In place? If BYD Is Struggling, What Does It Say About The EV Boom It Helped Create?
On paper, BYD’s performance continues to appear formidable. The company reported record revenues of $116 billion, surpassing Tesla and reinforcing…
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STARTUPS
Electric vehicle startup Nio lays off 141 employees at its North American headquarters
Electric vehicle startup Nio is laying off 141 people at its North American headquarters. According to a filing from Employment…
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Trends
Chinese electric carmaker Xpeng says Nio stock swings a ‘good lesson’ for rivals
Seeing your competitor undergo dramatic changes in fortune can be unnerving as there’s the fear that the same will happen…
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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STARTUPS
China’s Nio invests in LiDAR startup Innovusion
Innovusion, a two-year-old startup developing LiDAR sensor technology for autonomous vehicles, has raised $30 million in a Series A funding…
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Chinese Tesla rival Nio files to raise $1.8 billion in US IPO
Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to…
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