Posted on

Volkswagen’s Xpeng deal sets example for EV alliance between the West and China

The major news from China’s auto industry this week is Volkswagen’s $700 million investment in the country’s electric vehicle startup, Xpeng. This partnership has the potential to set a precedent […]













Posted on

A robot pony maker backed by Chinese EV giant Xpeng raises $100M

China’s Tesla challenger Xpeng isn’t content with just making electric vehicles. It’s also betting on ridable robot unicorns for kids. Xpeng Robotics, a bionic robot maker affiliated with Xpeng, just […]




Posted on

China’s EV darling Nio turns to Hong Kong and Singapore amid US delisting risk

Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between […]




Posted on

Lightspeed China raises $920M for new funds, adds five partners

Lightspeed China Partners, the China-focused vehicle of Lightspeed Venture Partners, said Tuesday it has closed the largest fundraising rounds in its history. The new injection came under three years after […]







Posted on

Chinese EV startup Nio’s journey to the West

Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings […]