NIO Capital Updates

 

▌NIO Capital Invests in HydoTech, Advancing Global Green Hydrogen Solutions

 

NIO Capital participated in the latest funding round of HydoTech, a leading global provider of green hydrogen solutions. The company, committed to global energy transition, has been operating in China, Europe, and the Middle East, earning recognition from energy giants such as Saudi Aramco, Sinopec, Shell, and TotalEnergies.

 

▌NIO Capital's "Mission Blue" Initiative Continues with Qinghai Conservation Effort

 

Under the fourth "Mission Blue" philanthropic initiative, in partnership with Tencent's "99 Philanthropy Festival," the NIO Capital team members traveled to Qinghai—home to a vital high-altitude ecosystem and the source of Asia’s major rivers—to participate in a local cleanup and support environmental preservation. By collecting waste in these fragile landscapes, the team helped protect vulnerable nature and deepen their connection to the planet.

 

From coastlines to valleys, and then to deserts, and now to the highlands, Mission Blue is extending NIO Capital’s environmental practices across diverse global ecosystems.

 

 

Portfolio Updates

 

Milestones 

 

▌TrunkTech Secures Hundreds of Millions of Yuan in Strategic Funding

 

TrunkTech, a provider of L4 autonomous driving technology for trucks, has collected hundreds of millions of yuan from strategic investors and will use the fresh funds to strengthen its technological leadership and accelerate global commercialization.

 

▌XREAL Maintains Top Global AR Market Share for Fourth Consecutive Year

 

AR glasses designer and manufacturer XREAL has continued to lead the global augmented reality market, reinforcing its industry dominance as the company’s global shipment in the second quarter of this year advanced 113.7% year-on-year.

 

 

▌PCG Power Launches Multiple New Projects and Opens Hangzhou HQ

 

PCG Power, a comprehensive energy management service provider, has broken ground on multiple distributed PV projects, including a 12.6MW project for Stanley in Songzi, Hubei Province,  a 1MW installation for Meiyijia in Nanning, Guangxi Zhuang Autonomous Region, the 6.6MW first-phase project for Guangyuan New Materials in Anyang, Henan Province, and a 6MW project for Furong New Materials in Nantong, Jiangsu Province. Concurrently, the company officially opened its Hangzhou headquarters, accelerating its green transformation initiatives and building momentum for sustainable development.

 

▌Ronbay Technology Granted Two New Patents for Core Battery Technologies

 

Ronbay Technology, a leading new energy material producer, has been granted two invention patents by the China National Intellectual Property Administration, reinforcing its position in core battery material technologies. The patents cover "A Preparation Method of Lithium Sulfide and Lithium Sulfide" (Patent No.: ZL202310333110.9) and "A Composite Cathode Material and Its Preparation Method and Application" (Patent No.: ZL202310793176.6). These proprietary technologies represent Ronbay’s significant advancements in battery material innovation and are expected to enhance the company's competitive edge in the new energy sector.

 

▌Meritech's Automotive-Grade Products Featured in 2025 China Auto Chip Supply Guide

 

Meritech, a supplier of high-performance mixed-signal ICs for New Energy Vehicles, has been included in the "2025 China Automotive Chip Supply Guide." The guide, led by the China Automotive Chip Industry Innovation Strategic Alliance and co-developed by nearly 100 chip design companies, serves as a key reference for vehicle manufacturers and parts suppliers in chip selection and design.

 

▌AlphaESS Grid-Connects Energy Storage Station for Krante Aluminum

 

AlphaESS, a solar energy storage solution and service provider, has successfully grid-connected a 5MW/10MWh energy storage station for Krante Aluminum, which is expected to discharge 6 million kWh annually.

 

▌Ambilight's EC Smart Glass Debuts in Audi E5 Sportback

 

Ambilight, a smart glass provider, has equipped the newly launched Audi E5 Sportback with its large-area EC dimmable roof, which measures 2.002 m². The smart glass offers 5-level dimming and blocks 99.99% of UV rays and 99.5% of strong light, delivering an exceptional smart luxury mobility experience.

 

▌Hiway Supports Roewe M7 DMH Launch with 15.6-Inch Center Display

 

Hiway, a smart cockpit solution provider, has supplied the 15.6-Inch central screen for the newly-launched Roewe M7 DMH’s intelligent cabin.

 

▌LimX Dynamics Presents at CoRL 2025 and Hosts TRON 1 Live Demo

 

LimX Dynamics, a robotics firm, had two papers accepted at CoRL 2025 and conducted a live terrain demonstration of its TRON 1 humanoid robot.

 

 

▌Eacon Deploys Over 2,000 Autonomous Mining Trucks, Setting New Industry Benchmark

 

Eacon, an autonomous haulage solutions provider, has reached a new industry milestone by putting over 2,000 unmanned mining trucks into operation. According to statistics, the company now accounts for more than 50% of all autonomous mining vehicles in the industry.

 

▌Momenta Partners with Mercedes-Benz and GAC on Intelligent Driving

 

Momenta, a leading autonomous driving technology company, is co-developing a next-generation intelligent driving assist system with Mercedes-Benz, which will debut on the new all-electric CLA model to launch in China this autumn.

 

Additionally, the GAC Trumpchi Xiangwang S7 will be among the first vehicles equipped with Momenta’s latest reinforcement learning-based R6 flywheel model, with initial deployments scheduled for 2025.

 

Cooperation and Win-win

 

▌TrunkTech Shares Autonomous Trucking Expertise at Dual National Events

 

TrunkTech, a leading provider of L4 autonomous driving technology for trucks, was invited to present at two major national events: the 14th China Intelligent Industry Summit in Changzhou, Jiangsu Province and the 2025 National Natural Science Foundation Committee Strategic Development Forum on Transportation and Vehicle Engineering in Wuhan, Hubei Province.

 

▌Seyond Partners with Coal and Marine Companies

 

Seyond, a leading provider of high-performance LiDAR sensors and solutions, has entered two partnerships. With China Coal Technology & Engineering Group, Seyond will co-develop and apply mining-intrinsic safety semi-solid-state LiDAR products, providing critical equipment, data, and technical support for the intelligent upgrade of the coal mining industry—filling a technology gap both domestically and internationally.

 

Simultaneously, Seyond is collaborating with smart shipping pioneer Marautec to integrate its wide-angle Robin W LiDAR into the latter's intelligent vessel solutions, injecting innovative momentum into the smart transformation of the shipping industry.

 

▌Momenta and Valeo Form Global Strategic Partnership

 

Autonomous driving firm Momenta and Valeo have entered into a comprehensive, long-term strategic partnership. The collaboration will focus on the joint development of advanced driving-assistance systems and autonomous driving products and solutions for both the Chinese and global markets.

 

▌Pony.ai Named Official Robotaxi Partner for Tencent Global Digital Ecosystem Conference

 

Pony.ai, an autonomous driving technology company, has provided Robotaxi services for 2025 Tencent Global Digital Ecosystem Summit held in September in Shenzhen.

 

Going Global

 

▌ClearMotion, Momenta, and CALB Showcase at IAA MOBILITY 2025

 

At the prestigious IAA MOBILITY 2025 in Germany, three NIO Capital portfolio companies made significant impacts with their latest technological breakthroughs.

 

In addition to its presence on the trade fair, ClearMotion, a producer of control systems for the automotive chassis, also partnered with NIO to co-host "The Art of Innovation" event at the NIO Hub in Munich, Germany, showcasing advanced automotive chassis control systems to an international audience.

 

Autonomous driving firm Momenta captivated attendees with a comprehensive exhibition of its capabilities, including its end-to-end flywheel model and ecosystem partnership achievements. Meanwhile, CALB, a leading new energy enterprise specializing in lithium battery technology, drew considerable attention with its display of premium battery technologies and integrated system solutions, reinforcing its position as a lithium battery innovation leader on the global stage.

 

 

▌AlphaESS Opens Benelux Subsidiary in the Netherlands

 

AlphaESS has expanded its European footprint with a new subsidiary in the Benelux region (Belgium, the Netherlands, and Luxembourg), following earlier entries into Germany, Italy, and the UK.

 

▌Momenta and Uber Partner to Launch Robotaxi Services in Munich

 

Autonomous driving firm Momenta and Uber have partnered to launch Robotaxi services in Munich, with operations scheduled to begin in 2026. This collaboration extends their strategic partnership and lays the groundwork for a broader rollout of Robotaxi services across Europe.

 

▌CALB Debuts at RE+ 25 in North America

 

CALB, a leading new energy enterprise specializing in lithium battery technology, introduced its 500Ah+ and 600Ah+ large-capacity long-life battery cells at RE+ 25, the largest renewable energy expo in North America.

 

▌Standard Robots Showcases DARWIN Embodied Intelligence at Dual Premier Events

 

Standard Robots, an industry robot maker, exhibited its DARWIN series of embodied intelligent robots at both Huawei Connect 2025 and the 2025 China International Industry Fair.

 

 

▌Pony.ai Partners with ComfortDelGro for Autonomous Deployment in Singapore

 

Autonomous driving firm Pony.ai and Singapore’s largest transportation operator ComfortDelGro will launch autonomous mobility services in the city state’s Punggol area, pending regulatory approval.

 

Sustainable Business

 

▌Pony.ai Enters Strategic Partnership with Qatar's National Transport Company to Support 2030 Vision

 

Autonomous driving firm Pony.ai has entered into a strategic partnership with Qatar's National Transport Company (Mowasalat), the operator of the country's largest network of taxis, buses, limousines, and commercial vehicles, which is also responsible for implementing national strategic deployments in the transportation sector. The collaboration, which supports Qatar's "2030 National Vision," has already commenced with Robotaxi road testing in Doha, marking a significant step toward the future deployment of autonomous mobility services in the country.

 

 

▌TrunkTech Displays Hydrogen Autonomous Truck at Yulin International Coal Expo

 

Autonomous driving firm TrunkTech, in collaboration with Foton, unveiled its hydrogen-powered L4 autonomous heavy truck at Yulin International Coal Expo held in Shaanxi Province. The vehicle boasts a 500 km range and is already deployed on the Beijing-Tianjin-Tanggu expressway.

 

▌AlphaESS Launches New Commercial & Industrial Energy Storage Solutions in Europe

 

Solar energy storage solution and service provider AlphaESS has introduced its latest generation of energy storage systems specifically tailored for the European market. The newly launched STORION series includes the H30/H50-G3 all-in-one hybrid storage systems and the TB125 liquid-cooled outdoor energy storage cabinet, providing comprehensive solutions for commercial and industrial applications across Europe.

 

Honors

 

▌Ambilight Named to MIT Technology Review's 2025 TR50 List

 

Smart glass provider Ambilight was recognized as one of the 50 smartest companies in China by MIT Technology Review.

 

 

▌Pony.ai CEO Peng Jun Honored in TIME's 100 Most Influential People in AI List

 

Peng Jun, founder and CEO of autonomous driving firm Pony.ai, has been selected for the TIME100 AI list, recognizing him as one of the world's most influential leaders in artificial intelligence.

 

▌Inceptio Technology Wins "Commercial Pioneer Award" for Vehicle-Road-Cloud Integration

 

Inceptio Technology, a developer of autonomous driving for heavy-duty trucks, received a commercial pioneer award for vehicle-road-cloud integration at a forum hosted by the Western Science City Intelligent Connected Vehicle Innovation Center.

 

▌EVTECH Wins 2025 "Global xEV Power Supply TOP Enterprise Award"

EVTECH, a leading supplier of core components for new energy vehicles specializing in onboard power supply systems, has been honored with the 2025 "Global xEV Power Supply TOP Enterprise Award." The recognition was presented at the 5th Global xEV Powertrain Technology & Industry Conference and the 5th TOP Awards Ceremony of China Leading E-drive Suppliers, where EVTECH was acknowledged as one of China's leading power technology suppliers in the new energy vehicle sector.

 

▌Ronbay Technology Named to 2025 China Top 100 Electronics and Information Competitiveness List

Ronbay Technology, a leading new energy materials producer, has been ranked among China's Top 100 Electronics and Information Competitiveness enterprises. This prestigious ranking is based on the "2025 China Electronics and Information Competitiveness Report," which is compiled by the China Federation of Electronics and Information Industry, using a scientific evaluation model that incorporates companies' self-reported data and their 2024 operational performance metrics.

 

▌CALB Wins Multiple Championships at New Energy Vehicle Challenge 2025

 

CALB, a leading new energy enterprise specializing in lithium battery technology, achieved remarkable success at the 10th New Energy Vehicle Challenge. The CALB-powered Kairui Dolphin K7 claimed five major awards, including Best Energy Efficiency, Best Endurance, Best Braking Performance, the All-Round Award, and the Organizing Committee's Recommendation Award, making it one of the standout highlights of the competition. Additionally, the Kairui Mini Truck K7, also equipped with CALB batteries, secured the Technological Innovation Award, Best Braking Performance Award, and Best Comfort Award.

 

▌TrunkTech Named National “Little Giant” Enterprise and Recognized as Top 100 AI Future Unicorn

 

TrunkTech, a provider of L4 autonomous driving technology for trucks, has been selected as a national-level "Little Giant" enterprise in Beijing’s latest second batch of specialized and sophisticated SMEs by the Ministry of Industry and Information Technology. Additionally, the company was listed in " China’s TOP 100 AI Going Global Future AI Unicorns" ranking at the 22nd China-ASEAN Expo, recognizing its leading position and potential in the global expansion of artificial intelligence technologies.

 

▌INGIN, an automotive component provider, has been selected as a national-level "Little Giant" enterprise in Shanghai’s latest second batch of specialized and sophisticated SMEs by the Ministry of Industry and Information Technology.

 

▌SINPRO Listed in KPMG’s 8th Auto Tech 50

 

SINPRO, an auto-grade environmental perception solutions provider, was recognized in KPMG’s 8th Auto Tech 50 list, an annual ranking to celebrate automotive supply chain enterprises that demonstrate outstanding technological innovation capabilities, mature business models, and broad market prospects.

 

▌PCG Power Honored with Multiple Prestigious Awards

 

PCG Power, a comprehensive energy management service provider, has been recognized with three distinguished industry awards: the "Commercial & Industrial Leading Investors’ Award" at the 6th China Commercial & Industrial PV Conference; the "Influential PV Developer/EPC Brand" honor at the 2025 PV New Era Forum & 14th Polar Star Cup PV Influence Brand Awards; and a place on the list of "2025 Top 50 Enterprises with Soft Power to Attract Investment Institutions - Future Industries"

 

▌NewLink Named Among 2025 China Top 500 Service Enterprises

 

NewLink, a comprehensive energy management solution provider, was honored among 2025 China Top 500 Service Enterprises at the 2025 High-Quality Development Conference for Modern Services.