NIO Capital Updates

 

▌NIO Capital Holds 2025 Annual General Meeting to Highlight New Opportunities

 

NIO Capital held its 2025 Annual General Meeting in Hefei, Anhui Province, from May 22 to 23. The event gathered nearly 200 investors, entrepreneurs, and industry experts, who engaged in in-depth discussions on investment opportunities in China driven by new productive forces.

 

Portfolio Updates

 

Milestones

 

▌Seyond Partners with Leading Chinese Automaker

 

Seyond, a leading provider of high-performance LiDAR sensors and solutions, has announced a strategic partnership with a top Chinese automaker. Under the agreement, Seyond will supply its 905nm Robin Series E1X products to multiple brands under the automaker. This collaboration marks a significant milestone in Seyond’s commercialization journey.

 

▌Ambilight Hits Milestone with 10,000 Smart Glass Units in Single Month

 

Smart glass provider Ambilight achieved a global industry milestone by delivering over 10,000 units of its EC dimming glass in one month. Over the past four years, Ambilight has installed automotive smart dimming products in 20 mass-production vehicle models, serving more than 100,000 car owners worldwide.

 

▌XREAL Launches World-First AR Products with Google

 

AR innovator XREAL opens global pre-orders for its XREAL Eye, the world’s first 6DoF spatial enhancement module. Moreover, it debuts the flagship Android XR platform glasses co-developed with Google—the industry’s first Android-powered XR eyewear.

 

 

▌Standard Robots Unveils Humanoid DARWIN-01

 

Industrial robotics innovator Standard Robots has launched DARWIN-01—a wheeled humanoid robot integrating a mobile base with human-like manipulation capabilities. This breakthrough expands robots’ functional reach into dynamic environments, setting new industry standards for safety, stability, and operational agility, and demonstrates the company’s leadership in embodied intelligence for flexible industrial applications. 

▌Autonomous Truck Leader Inceptio Technology Featured in Bloomberg for Real-World Impact

 

Inceptio Technology, a pioneer in autonomous trucking solutions, has garnered international attention through Bloomberg’s in-depth report titled "The Future of Long-Haul Trucking Is Already on China’s Roads."

 

The report highlights how Inceptio’s autonomous driving technology is being applied and commercialized. 

 

It is based partly on a Bloomberg reporter’s on-site observation of Inceptio’s driver-assistance system, which relieves physical pressure on truck drivers. Additionally, interviews conducted for the report demonstrate the concrete changes the company has brought to the freight industry, particularly in terms of cost reductions.

 

 

▌BoCloud Forges Strategic Computing Partnership with China Mobile’s Suzhou Branch

 

Cloud services provider BoCloud has signed a primary strategic computing power agreement with Suzhou Mobile (a branch of China Mobile), launching their first joint initiative in intelligent computing R&D.

 

Concurrently, BoCloud joined Suzhou Mobile’s Intelligent Computing Center ecosystem alliance alongside Huawei and NASDAQ-listed VNET Group, bolstering the hub’s industrial capabilities.


 

▌CALB Co-Authors China’s New Battery Safety Standard; Leads National R&D Flagship Project

 

Lithium battery pioneer CALB has co-developed China’s new GB38031-2025 power battery safety standard, securing first-batch certification. In addition, CALB is spearheading the national "Key Technologies and Applications of Intrinsically Safe High-Energy-Density Lithium-ion Power Battery Systems" project—a cornerstone initiative in China’s 14th Five-Year Plan for EV advancement.

▌AlphaESS Breaks Ground on 5GWh Energy Storage Production Base in SW China

 

Solar storage specialist AlphaESS has commenced construction of a new production base in Southwest China, projected to yield 5GWh annual capacity for energy storage systems upon completion.   

 

 

▌Yunchuang Zhixing Debuts Upgraded Autonomous Sanitation Vehicle, Sets Industry Benchmark

 

Autonomous sanitation specialist Yunchuang Zhixing unveiled its upgraded YC800 fully driverless sweeper in Jiaxing's Nanhu district, achieving a record 20,000 km of monthly autonomous operation—the industry's highest single-project mileage.

 

The vehicle enables 24/7 fully automated workflows, marking its first deployment since comprehensive upgrades. In addition, Phase II of Yunchuang's city-scale L4 autonomous sanitation project in Deqing, Zhejiang, a "Vehicle-Road-Cloud Integration" pilot city selected by the Ministry of Industry and Information Technology of China—has commenced operations.

▌SINPRO 4D Imaging Radar Powers NIO's New EV Lineup

 

Automotive perception specialist SINPRO has deployed its SFR-2K 4D imaging radar across NIO's newly launched models—including the upgraded ES6, EC6, ET5, and ET5T. The radar's all-weather penetration capability significantly enhances driving safety and reliability for NIO's intelligent driving systems.

 

 

▌Pony.ai Sees Q1 Robotaxi Revenue Surge 200% YoY, Plans 1K Fleet by Year-End

 

Autonomous driving firm Pony.ai reported 200% year-on-year Robotaxi revenue growth in the first quarter of 2025. The company also announced plans to expand its autonomous fleet to 1,000 vehicles by December 2025.

 

▌United Winners & Ronbay Showcase Innovations at Global Battery Expo

 

Laser welding specialist United Winners and battery materials leader Ronbay Technology exhibited at CIBF2025 in Shenzhen—recognized as a global battery industry bellwether. 

 

The event drew 3,200+ exhibitors and 400,000+ professional visitors, reinforcing its status as a premier new energy exhibition.

▌Hiway Elevates NIO’s In-Car Experience with Upgraded Display Systems

 

Automotive supplier Hiway has enhanced visual and interactive experiences in NIO’s new ES6 and EC6 models through upgraded screen configurations, refining the cabins’ digital interfaces.

 

▌Whale Secures $60M Funding to Accelerate Global AI Solutions Expansion

 

AI marketing platform Whale has raised $60 million in new funding to accelerate product deployment and develop enterprise-grade AI solutions.

The company plans strategic collaborations with investors to expand into key markets, including China, Southeast Asia, and North America.

 

Cooperation and Win-win

 

▌LimX Dynamics Joins Forces with Guangdong AI Center to Establish Robotics Research Lab

 

Robotics company LimX Dynamics has established a joint laboratory with Guangdong's Embodied AI Robotics Innovation Center to advance research in intelligent robotic systems. 

 

 

▌Pony.ai Accelerates Global Driverless Deployment via Uber, Dubai & Guangzhou Deals

 

Autonomous driving leader Pony.ai announced three strategic collaborations to advance its global footprint:

Uber Integration: The company will deploy its Robotaxi fleet via Uber’s platform starting H2 2025, launching first in the Middle East.

Dubai Expansion: Pony.ai will begin testing Robotaxi services in 2025, advancing to fully driverless services by 2026 with seamless connections to Dubai’s metro, tram, and marine transit.

Guangzhou Synergy: Pony.ai partners with Guangzhou Bus Group to jointly develop autonomous mobility platforms and aftermarket solutions, optimizing the city’s smart transit ecosystem.

▌AICT Joins State-Backed Push for Traffic AI with 'Traffic Science Large Model' Initiative

 

Smart transportation provider AICT is co-developing the Traffic Science Large Model with the China Academy of Transportation Sciences, implementing China’s "AI + Transportation" strategy to accelerate AI adoption in traffic management and infrastructure.

 

▌Momenta Advances Robotaxi Plans in Europe and Shanghai

 

Chinese autonomous driving firm Momenta announced two major steps towards commercialization. It signed a strategic deal with Uber to launch Robotaxi services in Europe by early 2026, initially using safety operators. 

 

In addition, Momenta partnered with Xiangdao Chuxing to deploy a mass-produced Robotaxi fleet in Shanghai. This fleet leverages existing hardware from the IM Motors LS6, enabling faster scaling.

 

 

▌Sunman Energy Wins Lightweight PV Module Contract in Shandong

Chinese solar panel manufacturer Sunman Energy has secured a procurement contract with Shandong Fanhai Guangneng Technology for its lightweight monocrystalline silicon PV modules. The company’s self-developed, glass-free eArc series modules won the bid due to their extreme lightness, rapid installation technology, and ability to preserve building roof integrity.

▌Ronbay Technology Co-Hosts New Energy Summit with Academia

New energy material producer Ronbay Technology partnered with Central South University to host a major industry-academia exchange conference. Nearly 300 attendees—including university leaders, academicians, and industry experts—convened to discuss technological breakthroughs and ecosystem development in new energy.



Going Global

▌LimX Dynamics Showcases TRON 1 Biped Robot at Top Robotics Conference ICRA 2025

 

Robotics firm  LimX Dynamics unveiled its multi-modal bipedal robot TRON 1 and new cross-domain research kits at ICRA 2025—a flagship IEEE robotics conference. The exhibition at one of the field’s most influential academic-industry events highlighted the company’s advancements in robotics.

 

▌TrunkTech Showcases Truck Automation at Dual Forums

L4 autonomous truck provider TrunkTech featured at two major forums:

 

Maritime Silk Road Port Cooperation Forum: As a key partner of Zhejiang Port Group, it supported Ningbo-Zhoushan Port in becoming China’s first mixed-traffic automated port handling complex operational conditions.

Beijing Sino-German Industrial Forum: As the sole autonomous truck firm among China’s "Specialized and Sophisticated" SMEs invited, TrunkTech shared the current status of its R&D on unmanned autonomous trucks and the global expansion progress.

 

 

▌CALB Powers Landmark Solar-Storage Projects in Chile and Africa

 

Lithium battery leader CALB is supplying high-performance battery cells for two flagship energy storage projects:

 

Chile’s Tarapacá Aurora Project: Latin America’s largest solar-storage hybrid, set to deliver 600GWh/year of renewable power—enough for 200,000 households.

 

South Africa’s Red Sands Project: Africa’s biggest battery storage facility (153MW/612MWh), part of the nation’s first Battery Storage IPP Procurement Program (BESIPPPP).

 

▌Sunman Energy & AlphaESS Showcase Clean Tech at Europe’s Largest Solar Expo

 

Solar innovators Sunman Energy and AlphaESS exhibited at Intersolar Europe 2025 in Munich. 

 

Sunman featured its lightweight glass-free solar panels, while AlphaESS presented solar storage solutions—highlighting China’s advancing clean energy technologies at the continent’s premier solar trade fair.


▌Standard Robots Debuts Logistics Automation Solutions at Malaysian Expo

Industrial robot maker Standard Robots showcased specialized automation solutions at Malaysia’s MetalTech & AutoMEX exhibition. The company launched its automation solutions for PCB transportation and latent lifting, targeting electronics manufacturers seeking automated material handling upgrades across Southeast Asia.

 

▌INFY Power Showcases Energy Storage Tech at Premier Shanghai Expo 

Energy storage innovator INFY Power exhibited at the 4th Shanghai International Charging Pile, Battery Swapping, and Solar-Storage-Charging Exhibition (CPSE), where it also delivered a series of keynote speeches.

 

Sustainable Business

▌CALB Partners with Handan for Zero-Carbon City Initiative

 

Lithium battery leader CALB has signed a strategic cooperation agreement with Handan Municipal Government in Hebei Province to jointly develop a zero-carbon city. The partnership focuses on power/storage battery applications, wind-solar-storage renewable energy development, and new energy industrial project construction. 

 

 

▌PCG Power Completes 94MW Distributed Solar Rollout Across China

Energy solutions provider PCG Power commissioned 94MW of distributed photovoltaic projects in May, deploying customized green energy systems across 32 cities in 16 provinces (including Shanghai, Guangdong, Jiangsu, Zhejiang, and Shandong) in 30 days. The installations serve logistics parks and industrial clients in the automotive, appliance, and pharmaceutical sectors, accelerating low-carbon transitions.

 

▌INGIN Auto Parts Certified for Carbon Footprint Transparency Under ISO 14067

 

Automotive supplier INGIN has secured ISO 14067:2018 certification for its core products, including a tailgate lock and support rod T18, enhancing emissions accountability in automotive component manufacturing.

 

The tailgate lock (Model 10100117) records emissions of 38.85 kgCO₂e/unit, while the support rod T18 (Model 10300045) measures 184.07 kgCO₂e/unit.

 

Honors

▌TUHU Car Celebrated as Asia's "Most Honored Company" in 2025 Extel Awards

 

Leading Chinese automotive service platform TUHU Car Inc. secured the "Most Honored Company" title in the Autos & Auto Parts sector at Extel's 2025 All-Asia Executive Team Awards. 

 

The company also excelled in Best CEO, Best CFO, Best Company Board, and Best IR Professional categories, reflecting broad capital market recognition for its business model, corporate governance, and leadership excellence1.

 

▌Seyond Wins Humanoid Robot Innovation Award

Seyond, a leading provider of high-performance LiDAR sensors and solutions, has been honored with the "Humanoid Robot Innovation Award" for its new Hummingbird D1 sensor. The company was also named "Outstanding Supply Chain Supplier" in the humanoid robot sector.

 

 

▌RT Hightech Named Top 10 High-Tech Firm in Huangshi

Lithium battery materials producer RT Hightech has been listed among Huangshi City's "Top 10 High-Tech Enterprises of 2024." This marks another municipal honor for the company, following its inclusion in the city's Top 20 ranking back in 2021.

 

▌AICT’s Super Vision Unit Named “Specialized & Sophisticated” SME in Hebei

Smart transportation provider AICT announced its subsidiary Super Vision has received Hebei Province’s “Specialized and Sophisticated” SME certification.

 

▌Ronbay's Xiantao Unit Named "Specialized & Sophisticated SME" in Hubei

 

New energy materials producer Ronbay Technology announced its subsidiary Xiantao Ronbay has received the "Specialized and Sophisticated" SME certification from Hubei Province authorities.

 

▌United Winners Laser Wins Ringjier Innovation Award Again

United Winners Laser, a supplier of laser welding equipment and intelligent manufacturing solutions, has been honored with the prestigious Ringjier Innovation Award for the second time. The award recognizes groundbreaking products and technologies with significant industry impact. The company previously received the accolade in 2021.