Shanghai (Gasgoo)- On November 20th, Shouqi Limousine & Chauffer announced that it was accelerating a new round financing, totaling RMB 1.3 billion. NIO Capital and Baidu led its B+ round financing. William Li, the managing partner, founder and chairman of NIO Capital posted a Weibo (Microblog): "NIO Capital is planning to jointly launch a specialized travel fund worth RMB 5 billion with Shouqi."
In April, 2016, William announced NIO's cooperation with Hillhouse Capital and Sequoia Capital to jointly contribute RMB 10 billion to establish "NIO New Energy Industry Development Fund", which will mainly focuses on the investment in industries such as new energy, new materials, electric power system, smart interconnection and self-driving.
In December, 2016, NIO, the automaker and NIO Capital announced their strategic cooperation with Hubei Province. NIO New Energy Industry Development Fund was launched in Wuhan, and NIO smart new energy vehicles industry zone has been developed in East Lake Development Zone, with an investment no less than RMB 20 to 30 billion.
Moreover, according to public data, before investing in Shouqi, NIO Capital took the lead to invest $46 million in the B-round financing of Momenta, a self-driving start-up company.
Yesterday, NIO Capital officially specified the four key areas of their investment: electric vehicles and related technologies; intelligent driving, the Internet of Vehicles (IOV) and travel; new energy and the Internet of Energy (IOE); and new materials and advanced manufacturing.
Another partner of NIO Capital, Zhu Yan, said that NIO will build a new alliance of new energy smart vehicles industry with an open mind and complete industry chain planning in the next decade. The said key areas including vehicles, components and parts, self-driving, the IOV, new materials enterprises, travel, IOE will all benefit from the alliance.
William said, it's known to us that the vehicle industry will greet the most significant revolution in this century. Development of artificial intelligence, electric power, self-driving, and cloud services will not only alleviate social problems brought by cars, but also influence the market of materials, energy, vehicles and technologies, etc. with the total value reaching trillions of dollars, which will make profound impact on the global industry structure and human lifestyles certainly.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: khoahocxaydung.info.