IM Motors closes $1.3 billion in new funding, plans to launch 4 new models in 2025
IM Motors plans to launch two BEV models and two EREV models in 2025, extending its model lineup to the hybrid market for the first time.
Avatr closes $1.5 billion in new funding, targets 2026 IPO
Avatr closed over RMB 11 billion ($1.5 billion) in series C funding, with a goal of going public in 2026.
Deutsche Bank gives positive read on Nio China’s new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to…
Nio announces $470 million investment in Nio China from strategic investors
Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to…
QCraft revs up its fundraising in autonomous driving race for cash
The maker of self-driving technology solutions recently raised several hundred million yuan in its latest funding round.
Nio’s power unit secures 1st external investment of $207 million
Nio Power has secured a RMB 1.5 billion ($207 million) strategic investment, the first external investment the unit has received, to support…
Great Wall-backed autonomous driving startup Haomo secures RMB 300 million in new funding
The new funding comes just two months after the previous one of over RMB 100 million, and is one of the few large funding rounds in China's…
IM Motors secures over $1.1 billion in new financing
The financing will be used for next-generation model development, smart driving technology development and entry into overseas markets.
Great Wall-backed autonomous driving startup Haomo raises over RMB 100 million in new funding round
Haomo's new funding is the first in the autonomous driving space after China’s Lunar New Year holiday, and one of the few large amounts raised…
Nio Capital closes over RMB 3 billion in new fundraising
Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management…