This brings the post-investment valuation of Nio’s chip unit to nearly RMB 10 billion.
Sources close to the transaction indicate that the industry holds a relatively positive outlook on Nio’s chip project.
Nio confirms its chip unit secures $330 million in 1st round of funding
Nio has confirmed its chip division has finalized a RMB 2.257 billion yuan ($330 million) investment agreement, validating earlier media reports. Read more…
Self-driving startup Wayve gets a $1.2 billion boost from tech and auto giants
The British company Wayve announced it raised €1.02 billion from some of the biggest names in the world. When you add in extra money already promised by Uber, the total new investment jumps to €1.28 billion. This huge pile of cash gives the company a total value of €7.34 billion. Major car companies like Mercedes-Benz, Nissan, and Stellantis (the company… Read more…
Grünheide: Musk puts Tesla plant expansion at risk amid union dispute
Works council elections are due in early March at many German companies, including Tesla’s Gigafactory in Grünheide. In a video message to employees, CEO Elon Musk has now weighed in on the vote, cautioning that the planned expansion of the site could be jeopardised if the plant does not remain, in his words, ‘free from external influences.’ The remarks add fresh tension to the ongoing debate over union involvement at the Brandenburg facility. Read more…
Tesla’s delivery wait times for all models in China reduced to 1-3 weeks
This indicates Giga Shanghai currently has ample production capacity, with the order backlog largely cleared.
Historically, when Tesla’s delivery wait times in China reach shortest point, it is typically followed by new market initiatives.
That awesome wireless charger for electric bikes just hit a surprise hurdle
For the last few years, one of the coolest bits of e-bike tech I’ve seen didn’t involve more power, bigger batteries, or new motor designs. It involved getting rid of the charger cable altogether. Read more…
Nio nears 70,000th delivery of 3rd-gen ES8 as premium SUV momentum continues
Nio surpassed the milestone of 60,000 deliveries for its third-generation ES8 on February 1.
The ES8 contributed over 22,000 deliveries in December 2025 alone, accounting for 64.96% of Nio Inc’s total monthly deliveries that month.
Lucid Motors reports doubled revenue in Q4, but it keeps bleeding money
Lucid Motors is moving into a busy new year with big plans for its electric cars. The company shared its financial results for the last year, and while it did not make as much profit as experts hoped, it did make more money from sales than expected. Now, the California company is looking toward 2026 as a bridge to its… Read more…
Wuling unveils 5th-gen Mini EV, updating world’s best-selling micro EV
The Hongguang Mini EV family sold 435,598 units in 2025, with cumulative sales surpassing 1.85 million units since its July 2020 launch.
The fifth-generation Hongguang Mini EV unifies the design language for both two-door and four-door variants.
Nio’s battery swap network handles over 2 million services in holiday stress test
Nio’s daily battery swap volume hit new records five consecutive days from February 18 to February 22, peaking at 177,627 swaps.
Nio’s average daily battery swap service during the 2026 Spring Festival holiday increased by 29.4% compared to the same period last year.
Tesla extends 7-year car loans in China again as over 10 EV makers join price war alternative
This marks Tesla’s second extension of its 7-year low-interest financing plan this year, following its unconventional launch of the promotion on January 6.
More than ten automakers, including BYD, Nio, Xpeng, and Geely, have followed suit.
Rivian’s $24 Billion Bet: Spend The Cash Now, Scale Later
RJ Scaringe defends Rivian’s $24 billion cash burn—soon it’ll let the R2 do the talking. Lire la suite…
Waymo’s driverless robotaxis land in four more US cities ahead of international expansion
Waymo has expanded its driverless robotaxis to Dallas, Houston, and San Antonio in Texas and Orlando in Florida today. With these additions, the service is now up and running in ten US cities. As with all Waymo expansions into new cities, the service will initially be open to “select riders”, who will receive an invitation to take their first local… Read more…
These schools went solar – and the savings will pay for teachers
Fifteen schools in Wayne County, West Virginia, are getting solar power, and the district says the energy savings will fund teachers’ salaries. Read more…
Hyundai has high hopes for its first midsize pickup, and we may even see a new 4WD SUV
Hyundai looks to tap into a new market with its first midsize pickup. The pickup, potentially the IONIQ T7, may even share a body-on-frame platform with a rugged new 4WD SUV. Read more…
Ampere, Basquevolt team up on lithium metal batteries for next-gen EV prototypes
Ampere, Renault Group’s EV and software unit, has signed a joint development agreement with Basquevolt to accelerate development and validation of lithium metal-based batteries aimed at meeting “Pre-A Sample” EV prototype requirements. Basquevolt says its lithium metal-based technology—combining a polymer electrolyte with an advanced anode—could deliver a major jump in energy density compared with today’s… Read more…
Why Lucid Needs Its $50,000 Midsize EV More Than Ever
Lucid aims to produce 25,000 to 27,000 EVs this year. That’s a big jump over 2025, but not enough to put it in the big leagues. Lire la suite…
Want A Great EV Deal? Buy One That’s A Year Old
Three-year-old models used to represent the best balance of condition and value. But right now, you can get crazy discounts on barely-used EVs. Lire la suite…
Leapmotor reveals the interior of the upcoming A10 small SUV
Leapmotor is getting ready to release its newest model, the A10. Also known internationally as the B03X, this compact SUV just showed off its interior for the first time. The company plans to launch the car in China very soon, with a European debut following in the second half of 2026. This vehicle is a big step for the brand… Read more…
NoMIS Power launches 3.3 kV, 1.7 kV SiC MOSFETs for medium-voltage converters
NoMIS Power has released two new medium-voltage silicon carbide MOSFETs, including its first 1.7 kV device, targeting applications such as grid infrastructure, rail and heavy-duty electrification, industrial drives and marine systems. The new parts are the N3PT035MP330K (3.3 kV, 35 mΩ, 88 A) and the N3PT100MP170K (1.7 kV, 100 mΩ, 24 A). Both can be… Read more…
