Anhui Automobile Automotive Baidu Beijing Byton California Car China Chinese Covid-19 Currency Denmark Economy electric vehicle Europe France Germany Internet iPhone IPO Jiangsu Joint Venture Mercedes-Benz Netherlands Norway Pandemic private equity Renminbi Search Engine
Anand Gupta Chinaࢀ™s electric vehicle startups are on the charge again, thanks to Tesla. Chinese EV startups NIO, XPeng Inc, Li Auto and WM Motor have raised more than $8 billion between them this year and now rival Aiways is planning to go public, its co-founder and President Fu Qiang told Reuters. Speaking ahead of the Beijing auto show which starts on Saturday, Fu said the relative success of US initial public oerings (IPO) by XPeng and Li Auto had helped fuel the companyࢀ™s ambitions to list. Since it was founded in 2017 in Shanghai, Aiways has raised ࢀœno more…
News Timeline:
Track the development of this news story across the Internet.