Wednesday, April 29, 2020

Electric vehicle maker Nio's new China entity to draw investment of 7 billion yuan

Strategic investors will inject 7 billion yuan ($989 million) into Nio China, a new entity controlled by Chinese electric vehicle maker Nio Inc, the firm said on Wednesday.


from Reuters: Technology News https://ift.tt/2ShjxxI

No comments:

Post a Comment

Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...