AI startup Laiye raises $42 million in Series C funding

Artificial intelligence firm Laiye has raised $42 million in Series C funding,…


Lidar startup Innoviz partners with Chinese truck maker on port loaders

(Image credit: Innoviz) Israeli startup Innoviz is teaming up with a large…


MWC cancellation disrupts launch plans for Chinese mobile giants

'5G is ON' at Huawei's massive booth at MWC Shanghai on June 26, 2019. (Image…


Nio posts above-average January sales, warns about February

A Nio showroom in Beijing on Sept. 28, 2019. (Image credit: TechNode/Coco Gao)…


Nio electric vehicles tesla EV

Nio raises $100 million but faces delivery delays

Nio held its annual launch event, Nio Day, in Shenzhen on Saturday, Dec. 28,…


Luckin coffee offline store

Luckin shares dip further despite refuting fraud claims

Luckin coffee's outer space-themed store on Oct. 31, 2019 in Beijing. (Image…


AutoX partners Fiat Chrysler after closing Pre-B round

A self-driving Chrysler Pacifica minivan jointly developed by AutoX, which it…


Luckin raises $865 million in post-IPO offering

A Luckin Coffee store in Beijing on Sept. 28, 2019. (Image credit:…


ride hailing didi mobility dida nio

Nio-backed ride-hailing app Dida looking to raise $300 million

(Image credit: Dida Chuxing) Chinese ride-hailing platform Dida Chuxing is…


GAC, Nio in talks about investment of up to $150 million

Feng Xingya (left), president of Guangzhou Automobile Group shaking hands with…