Electric Vehicle
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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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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.
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Didi said to partner with BYD to make ride-hailing EVs
Chinese ride-hailing giant Didi Chuxing is partnering with automaker BYD to produce customized electric vehicles for its transport business, Bloomberg reported citing people familiar with the matter.
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CICC: Global new energy vehicles show inflection point of growth
Since the autumn, the global new energy vehicles to establish a growth inflection point, China investment bank CICC said, adding the medium- and long-term development path is clear.
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Chinese electric car startup ENOVATE launches its first car with 5 screens
Chinese electric car startup company ENOVATE launched its first product, the smart electric SUV ME7, in Shanghai on September 19.
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SAIC-Volkswagen's new energy vehicle plant to start production in October with annual capacity of 300,000 vehicles
The new energy vehicle plant of SAIC-Volkswagen, a joint venture between Volkswagen Group and SAIC Motor, in Shanghai is scheduled to go into production in October 2020, and is currently the largest and most efficient pure electric vehicle plant in China.
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Is NIO China going public as NIO redeems 8.6% stake from investors?
NIO has agreed to redeem 8.6% equity interests in NIO (Anhui) Holding Co., Ltd., the legal entity of NIO China, triggering speculation that Nio China may soon go public in China.