Xpeng Motors led a investment in Zvision Technologies, a Chinese startup that makes lidar sensors for self-driving cars.
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DRIVE I/O | Fatal crash threatens Nio’s reputation and expansion plans
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.
Nio rumored to spin off self-driving business, combine it with Didi’s AV unit
Nio’s founder said the company will enhance the efficiency of its business operations to develop next-generation products.