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Rumor: Tencent Leads RMB 1 Bln Investment in Electric Vehicle Maker NIO
Tencent Tech, 11/08/17
Shanghai-based Weilai Automobile, operator of new energy vehicle brand NIO (formerly NextEV), has reportedly raised over USD 1 bln in new funding led by Chinese internet and mobile services firm Tencent (0700.HK). Read More
Rumor: Baidu, Tencent Lead USD 9-digit Funding in New Energy Vehicle Brand NextEV
Tencent Tech, 3/15/17
Shanghai-based Weilai Automobile, which manufactures new energy vehicles under the Weilai Qiche (NextEV) brand, has completed USD 9-digit funding led by Chinese internet companies Baidu (Nasdaq: BIDU) and Tencent (0700.HK), with participation from various other investors, reports Tencent Tech citing a source familiar with the matter. Read More
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