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Chinese EV maker NIO named to Fortune's 2020 Change the World list
Chinese electric vehicle (EV) maker NIO has been named to Fortune's list of 100 companies changing the world in 2020 for launching BaaS (Battery as a Service), a battery rental service, making it the only automotive company on the list.
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Chinese regulator fines 45 companies about $9 million over Luckin Coffee financial fraud
Chinese regulators today announced the results of their investigation into Luckin Coffee, which has been embroiled in a financial fraud spiral.
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Li Auto to use NVIDIA ORIN chips in next-generation SUVs
Li Auto will use NVIDIA Orin chips in its full-size extended-range smart SUV to be launched in 2022, and is expected to be the first new energy vehicle company in China to develop a fully independent Level 4 self-driving system.
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NIO to unveil NOP driver assistance and new energy replenishment program at Beijing Auto Show
Chinese EV maker NIO said today that on September 26, all NIO models will be exhibited at the 2020 Beijing International Automotive Exhibition, where NIO will announce an upgrade to NIO OS version 2.7.0, which will officially launch its Navigate on Pilot (NOP).
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Nio's local rival WM Motor reportedly closes 10 billion yuan new financing round
Chinese EV maker WM Motor has completed its 10 billion RMB Series D round of financing, which was co-led by Shanghai State-owned Assets Investment Platform and Shanghai Automotive Industry Corporation (SAIC), with Baidu and SIG participating in the round, according to 36kr.com.
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Li Auto hints at NVIDIA chip in its next car
Chinese EV maker Li Auto hinted on its WeChat account Monday that there will be a big chip-related announcement on September 22, and a video accompanying the Weibo post featured logos from NVIDIA and Li Auto, suggesting a deeper collaboration between the two companies.
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Didi said to have support for HarmonyOS 2.0, allowing users to hail cabs via watch
Chinese ride-hailing giant Didi Chuxing has added support for Huawei's HarmonyOS 2.0 and the Didi app is supported in the watch with HarmonyOS, according to a Weibo blogger.
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Can battery swap bring spring to China's new energy vehicle market?
As a leading force in the new energy market, the Chinese market has never ceased to explore new energy markets. Among them, battery swap mode has become one of the more popular ones.
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NIO's first supercharging station in central China's Henan province put into trial operation
NIO's first supercharging station in central China's Henan province has been inaugurated in Kaifeng and is now open for trial operation to all new energy vehicle owners, reports the local Henan Daily.
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Why did GAC NIO set up a $1 billion fund?
About a month after announcing that it would focus on the "AI OS + eco-services" model instead of making money from selling cars, GAC NIO's brand new business model has seen new progress.