Nio
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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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