NIO Capital Updates

 

▌NIO Capital Opens Registration for 2025 "From Good to Great" Leadership Camp

 

NIO Capital has launched its 2025 annual "From Good to Great" leadership training program, designed to empower portfolio companies with strategic insights, organizational best practices, and executive development tools. 

 

Key focus areas include strategic planning, talent optimization, and operational excellence, delivered through hands-on workshops and peer networking. The program builds on four years of successful iterations, further refining its practical, results-driven approach.

 

▌NIO Capital Releases 2024 Sustainability Report

 

NIO Capital has published its 2024 Sustainability Report, detailing the firm's latest environmental, social and governance (ESG) initiatives and achievements. 

 

This fourth annual edition demonstrates how NIO Capital's sustainability approach has matured and expanded since the inaugural 2021 report.

 

Portfolio Updates

 

Fundraising Updates

 

▌PCG Power Welcomes Strategic Investor Amid Global Expansion

 

Energy solutions provider PCG Power has secured new strategic investment to accelerate its worldwide growth, asset scaling, and pre-IPO financing preparations. 

 

The company simultaneously unveiled a comprehensive rebranding with updated visual identity. Focusing on solar-storage power plants as its strategic anchor, PCG Power is building an integrated energy service value chain to drive global zero-carbon initiatives.

 

▌INGIN Tech Secures Nine-Figure Funding for Smart Vehicle Access Systems

 

Automotive component specialist INGIN Tech has completed a new strategic financing round worth hundreds of millions of yuan. The capital will fuel R&D for next-generation intelligent vehicle access systems and expand industrial deployment, advancing innovation in smart automotive technologies.

 

▌Eacon Drives Overseas with $55M Series D for Autonomous Mining Tech

 

Autonomous haulage leader Eacon has raised over 400 million yuan ($55M) in Series D funding. The investment will accelerate development of next-generation unmanned driving systems while supporting domestic market growth and international expansion, with initial focus on Australia's mining operations.

 

Milestones

 

▌SINPRO Celebrates 100,000th 4D Imaging Radar Rollout

 

Auto-grade perception leader SINPRO has produced its 100,000th 4D imaging radar, achieving mass deployment across NIO and ONVO vehicle models. The milestone underscores its rapid scalability in smart automotive sensing.

 

 

▌Ambilight Achieves Dual Milestones: Record Deliveries and Xiaomi Flagship Integration

 

Smart glass pioneer Ambilight has set a new industry record with 10,000 units of its EC dimming glass delivered in May 2025—the highest monthly volume ever worldwide for automotive smart glass. The company's technology now enhances over 100,000 vehicles globally.

 

The achievement coincides with Ambilight's next-generation electrochromic sunroof becoming standard on Xiaomi's premium YU7 Max SUV, delivering intelligent light regulation for optimal cabin comfort and energy efficiency.

 

▌Standard Robots Demonstrates Smart Manufacturing Solutions at BYD Event, Launches RoboVerse System

 

At a special ceremony, BYD founder Wang Chuanfu presented a Denza N9 electric vehicle to Standard Robots founder Wang Yongkun, who confirmed his company's intelligent robotics solutions are now operational across BYD's production facilities.

 

Separately, Standard Robots announced the launch of its RoboVerse system—a comprehensive smart manufacturing platform designed to integrate automation, digitalization and intelligent technologies for global industrial applications. The all-in-one solution aims to drive manufacturing efficiency and support Industry 4.0 transformation across multiple sectors.

 

▌Seyond Secures Dual Wins: Exclusive Auto Deal and Zelos Logistics Partnership

 

Seyond, a leading LiDAR provider, has been named exclusive supplier for a major automaker's multiple vehicle models, delivering its 905nm Robin Series E1X sensors. The deal marks a significant commercialization milestone.

 

Concurrently, Seyond's Robin W sensors power Zelos' new E-Series autonomous logistics platform and flagship E6 vehicle, enabling superior environmental perception for scalable unmanned delivery operations.

 

▌TrunkTech Co-Authors Autonomous Trucking Report, Named Beijing Pilot Firm

 

L4 autonomous truck developer TrunkTech has pioneered the industry’s first commercial autonomous trucking report, unveiling its innovative "Butterfly Model"—a dual-triangle framework for coordinated development. The report, unveiled at Tsinghua University, highlights TrunkTech's vehicle-road-cloud integration approach as essential for enabling scalable autonomous logistics solutions.

Concurrently, the company was selected for Beijing’s advanced manufacturing and modern services integration pilot program, recognizing its leadership in smart transportation innovation.

 

 

▌CALB Supports Green Li River Initiative While Expanding Battery Production

 

Leading battery manufacturer CALB has deployed its eco-friendly marine battery systems to power electric boats along Guilin's Li River, enhancing sustainable tourism in the region. 

The company simultaneously inaugurated a new high-performance battery facility in Changzhou, Jiangsu Province, with senior officials including Changzhou Party Secretary Wang Jianfeng, Mayor Zhou Wei, and CALB Chairman Liu Jingyu attending the launch ceremony.
 

▌Pony.ai Advances Autonomous Driving with 7th-Gen System; Joins Nasdaq Golden Dragon Index

Autonomous driving leader Pony.ai has launched Guangzhou/Shenzhen road tests for its 7th-generation L4 system and debuted its latest Robotaxi at the 2025 International Automotive & Supply Chain Expo (HONG KONG). 

The company revealed its 100% automotive-grade system achieves a 70% cost reduction for scalable production, while contributing as the technical lead for China’s Highway Autonomous Trucking Development Report. Notably, Pony.ai has also been included in the Nasdaq Golden Dragon Index as the benchmark's only L4 autonomous driving company, reinforcing its industry leadership and attracting global investor attention.

 

▌XREAL Unveils Project Aura Specifications, Announces Enterprise XR Strategy

 

Augmented reality leader XREAL has officially disclosed technical specifications for its Project Aura platform while pivoting to enterprise XR solutions. The company is expanding its commercial ecosystem, leveraging its established expertise in consumer AR hardware.

 

▌INGIN Tech Earns CNAS Accreditation, Supplies Hood for Xiaomi YU7

 

Automotive components specialist INGIN Technology has received CNAS laboratory accreditation, demonstrating national-level recognition of its technical capabilities and standardized management in testing.

The company also provided the large clam-shell front hood system for Xiaomi's mass-production YU7 electric vehicle.

 

▌Uxin Reports 142% YoY Growth in Q1 2025, Projects 10,000-Unit Q2 Sales

 

China's leading used car retailer Uxin announced its Q1 2025 retail transactions reached 7,545 units, representing a 142% year-over-year increase. The company forecasts Q2 sales will surpass 10,000 units.

 

▌INFY Power Debuts Liquid-Cooled Ultra-Fast Charging System, Attends Hangzhou Rural Energy Development Conference 

 

INFY Power, an energy storage innovator, unveiled its next-generation liquid-cooled ultra-fast charging solution, featuring 15-year lifespan technology with silent operation, intelligent power management and advanced thermal management. The system delivers high-power charging capabilities designed to eliminate charging anxiety through efficient energy replenishment.

The company showcased how its technology supports county-level energy ecosystem transformation on Hangzhou Rural Energy Development Conference.

 

 

▌Yunchuang Zhixing Renews Smart Cleaning Contract for Hangzhou Gaode Zhidi Mall

 

Autonomous sanitation solutions provider Yunchuang Zhixing has renewed its contract to service the 350,000-square-meter Hangzhou Gaode Zhidi Mall commercial complex. 

The company will continue implementing its hybrid cleaning system featuring fully autonomous outdoor robotic sweepers for exterior spaces and AI-assisted smart devices working alongside human staff for interior maintenance, maintaining its "outdoor unmanned + indoor human-machine collaborative" operational model.

 

▌AICT's ‘Smart Road' Large Model Selected for Hebei's Key Technology Initiative

 

Smart transportation innovator AICT has been selected to participate in Hebei Province's Key Technology Initiative with its ‘Smart Road' large model. 

This recognition will enable the company to further develop AI-powered infrastructure solutions while expanding its global "AI+" project portfolio.

 

▌Yuan Planet Completes China's First Remanufactured Engine Import Pilot

Chinese used automotive parts supplier Yuan Planet has successfully cleared regulatory approvals to import refurbished engines through Tianjin's Dongjiang bonded zone. The breakthrough enables cost-competitive sourcing while supporting circular economy initiatives in the automotive aftermarket.

 

▌Inceptio Joins Autoware Foundation to Accelerate Autonomous Trucking

 

Inceptio, an L4 autonomous truck technology firm, has joined the Autoware Foundation to collaborate with global leaders in accelerating the commercialization of safe, scalable self-driving technologies for logistics applications.

 

▌AUTO AI Showcases Smart Cockpit Tech at FAW-VW Expo

 

AUTO AI, a smart cockpit software and hardware provider, debuted its SA8155P-integrated cockpit-parking system at FAW-Volkswagen's technology exhibition. The solution enables dual control via both smartphone and vehicle systems, while its AI assistant supports personalized interactions with emotion recognition capabilities.

 

▌Eacon Unveils Next-Gen Autonomous Mining Tech "Zhushan 3.0"

Eacon, a leading provider of autonomous haulage solutions, has launched its advanced mining truck technology, "Zhushan 3.0", featuring multi-modal perception, multi-task decision-making, and seamless integration of manned and unmanned vehicles. The system boosts vehicle speed by approximately 10% and has already been deployed in over 20 mining sites across China.

Concurrently, the company introduced Muye, a brand-new digital solution for smart mining designed to enhance safety in full equipment deployment.

 

Cooperation and Win-win

 

▌Momenta Partners with GAC Toyota on AI-Powered Driving Systems

 

Autonomous driving leader Momenta will integrate its technology into GAC Toyota's vehicle safety systems, marking a breakthrough in joint-venture smart mobility collaborations.
 

 

▌Pony.ai Teams with Shenzhen Xihu Group for Smart Taxi Transformation

 

Pony.ai, an autonomous driving firm, will deploy robotaxi fleets in Shenzhen, accelerating the transition from electric to intelligent taxi services through its strategic partnership with Shenzhen Xihu Group.

 

▌AlphaESS Strengthens Global Partnerships for Energy Storage Expansion

 

Energy storage leader AlphaESS has deepened its collaboration with Australian distributor OSW to enhance global channel development, creating scalable and replicable business models for diverse storage applications. Concurrently, the company signed a strategic agreement with Inovance Technology to co-develop storage projects, integrate technologies, and share ecosystem resources.

 

▌PCG Power Debuts Electricity Price Forecasting for Energy Storage

 

Energy solutions provider PCG Power has jointly developed an energy management system (EMS) with Jiangxing AI, featuring innovative electricity price forecasting technology to optimize power costs and improve economic efficiency for commercial and industrial users.

 

▌CALB Partners with China Huadian to Decarbonize Yangtze River Shipping

 

Battery leader CALB has teamed up with China Huadian’s Hubei subsidiary to advance clean energy solutions for Yangtze River shipping. The partnership will deploy CALB’s marine battery systems to reduce emissions along China’s vital inland waterway network.

 

Going Global

 

▌LimX Dynamics Showcases TRON 1 Robot at ICRA 2025

 

Robotics innovator LimX Dynamics demonstrated its TRON 1 robot's dynamic capabilities—including high-speed rotation, complex terrain navigation, and self-recovery—at ICRA 2025 held in Atlanta, United States. The company also debuted new mobile manipulation and perception expansion kits, highlighting its advanced mobility solutions.

 

▌Standard Robots Presents Industrial Solutions at NEPCON Thailand

 

Industrial automation specialist Standard Robots exhibited three intelligent robotics solutions at NEPCON Thailand, addressing key manufacturing challenges in Southeast Asia. 

 

 

▌CALB Demonstrates Marine Battery Leadership at Global Events

 

Battery innovator CALB showcased its advanced boat battery systems at Nor-Shipping 2025, Oslo's premier maritime technology exhibition. 

Separately, the company marked a historic achievement as its 1.2MWh marine battery system for oil giant Saudi Aramco commenced trial voyages, making CALB the first Chinese battery manufacturer to deliver an ABS-certified ship battery solution.

 

▌Ronbay Technology Commences High-Nickel Precursor Exports from Korean Base

 

New energy materials leader Ronbay Technology has initiated shipments of ultra-high-nickel precursors from its Chungju, South Korea production facility. The company plans to expand its global footprint with new 20,000-ton annual capacity plants in Saemangeum, Korea and Indonesia by 2026.

 

Sustainable Business

 

▌INFY Power Deploys Green Charging Tech for China's National Games

 

Energy storage specialist INFY Power has implemented its advanced all-liquid-cooled ultra-fast charging and V2G (vehicle-to-grid) solutions at Shenzhen's Bao'an Stadium, supporting sustainable transportation for the upcoming 15th National Games of China in November 2025.

 

▌AlphaESS Powers Kangaroo Island's Renewable Transition

 

Solar storage leader AlphaESS deployed multiple off-grid storage battery systems for homes, beach villas, and beekeeping farms on Kangaroo Island in Australia, cutting energy costs and boosting renewable adoption in remote communities.

 

▌PCG Power Expands to New Zealand’s Renewable Market

 

Energy management firm PCG Power launched its New Zealand operations, introducing innovative solar-storage solutions to accelerate the country’s clean energy transition and support community-level sustainability.

 

Honors

 

▌United Winners, Momenta, Eacon, and TrunkTech Honored with Prestigious China Securities Golden Bull Award

 

Four portfolio companies of NIO Capital have been recognized by China's most authoritative financial accolade: laser welding solutions provider United Winners, and autonomous driving firms Momenta, Eacon, and TrunkTech.

The Golden Bull Award, established by China Securities Journal under Xinhua News Agency, is widely regarded as the most credible and influential honor in China's capital markets.

 

▌XREAL Wins Auggie Awards' "Best Headworn Device" for Third Time

 

AR glasses leader XREAL claimed the " Best Headworn Device" title at the Auggie Awards—the XR industry's most prestigious honor. This marks its third win, reaffirming its position as a global AR technology pioneer.

 

 

▌SINPRO's 4D Imaging Radar Wins AIIA 2025 Smart Vehicle Innovation Award

 

Automotive perception leader SINPRO has received the prestigious AIIA 2025 Smart Vehicle Innovation Award for its SFR-2K 4D imaging radar. 

The technology was honored by an international panel of experts, government representatives, and academic judges for its cutting-edge innovations and proven mass-production capabilities in intelligent vehicle applications.

 

▌Ronbay Technology Named Among China's "Top 15 Most Promising Enterprises"

 

Advanced battery materials leader Ronbay Technology has been named to China's prestigious "Top 15 Most Promising Enterprises" list by the Ministry of Industry and Information Technology. 

The honor recognizes the company's technological breakthroughs and industrial upgrading contributions across the power battery value chain.

 

▌Scanner Optics Wins "Secret Light Award" for Laser Innovation

 

Scanner Optics, a developer of scanning heads, has been honored with the "Laser Supporting Product Innovation Award" at the 8th Secret Light Awards for its ExtraScan IV galvanometer scanner. 

The product was recognized for its innovative design in three key areas: structural optimization, drive algorithms, and galvanometer motor technology.

 

▌United Winners Laser Claims "Secret Light Award" as Sole Recipient of Industry Influence Honor

 

United Winners Laser, a supplier of laser welding equipment and intelligent manufacturing solutions, has been awarded the "Laser Industry Influential Enterprise Award" at the Secret Light Awards ceremony. 

The company stood out as the only recipient to receive this distinguished honor in this category.