NextEV
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Nio, the electric-car maker formerly known as NextEV, has raised a substantial amount of money in its latest round of fundraising. The Chinese startup reportedly received a stunning $1 billion in funding, with Chinese investment powerhouse Tencent leading the charge. Notably, Tencent also holds a stake in Silicon Valley automaker Tesla. DON'T MISS: Nio electric SUV, from Chinese NextEV, to have 'Toyota cost' and 'Tesla range' Nio has emerged as a frontrunner among an ocean of Chinese electric-car startups after it launched its first production car: the EP9 electric supercar. Following the...
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Nio Eve concept is yet another Chinese luxury electric SUV, this one autonomous
Chinese startup NextEV is the latest company attempting to replicate the success of Tesla with a long-range electric car. NextEV launched its Nio brand last year in dramatic fashion with the EP9—a 1,360-horsepower electric supercar. At the time, the company noted it was developing a model...
Stephen Edelstein -
Nio electric SUV, from Chinese NextEV, to have 'Toyota cost' and 'Tesla range'
NextEV's Nio brand will offer an electric SUV aimed at the Tesla Model X.
Stephen Edelstein