NIO Capital Updates

 

▌NIO Capital Co-Hosts “Tengyun Wendao” Forum in Hong Kong, Partner Carl Guan Shares Investment Insights on Energy Infrastructure in the AI Era

 

Tenwings Accelerator and NIO Capital co-hosted the third edition of the “Tengyun Wendao” forum in Hong Kong. NIO Capital Partner Carl Guan attended the forum and delivered a keynote speech titled “From Bits to Watts: Reshaping the Investment Logic of Energy Infrastructure in the AI Era.”

 

▌NIO Capital Co-Leads Volant Aerotech’s Series C+ Round, Bullish on Low‑Altitude Economy

 

NIO Capital has co-led the Series C+ round of electric vertical takeoff and landing (eVTOL) aircraft developer Volant Aerotech, which raised nearly RMB 1 billion. Partner Yao Li said: “We are optimistic about the broad prospects of the low‑altitude economy as a pillar industry in the 15th Five‑Year Plan. With its advantages in safety, efficiency, and cost, eVTOL is well‑positioned to become a direct beneficiary of the low‑altitude industry’s growth.”

 

▌NIO Capital Co-Leads Yanhe Technology's Series A2 Round to Advance Perovskite Photovoltaics for Terrestrial and Space Applications

 

NIO Capital has co-led the Series A2 financing round of Yanhe Technology, a perovskite photovoltaic innovation company, which raised several hundred million RMB. Partner Carl Guan said NIO Capital deeply recognizes the transformative value of perovskite as a third-generation photovoltaic technology and is optimistic about Yanhe Technology's deployment across consumer electronics, mobile energy, and space photovoltaics.

 

▌From Lithium Frenzy to Hydrogen’s Frontier: A Podcast with Shengshui Technology

 

Nathan Wang, founder and CEO of Shengshui Technology, a hydrogen electrolysis material firm, sat down with Wendy Ling, Managing Director at NIO Capital, for a podcast conversation. He explained why the company chose to enter the little‑explored PEM water electrolysis for hydrogen production sector at the peak of the lithium battery boom, and how it has since focused on tackling the most fundamental components: membrane electrodes and catalysts.

 

▌From Dim Indoor Light to Space Solar: A Podcast with Yanhe Technology

 

Feng Fan, Founder & CEO of Yanhe Technology, sat down with Wendy Ling, Managing Director at NIO Capital, to talk about how he and his team are turning science fiction into reality step by step – from smart remote controls and solar‑powered keyboards to “photovoltaic skins” for robots and flexible solar wings for satellites.

 

Portfolio Updates

 

Milestones

 

▌Zero One Heavy Truck Completes $200 Million Series B2 Round

 

Zero One Heavy Truck, an electric heavy-duty truck manufacturer, has closed another substantial financing round of $200 million just two months after its previous funding round in March.

 

▌LINKHOU Closes Over RMB 100 Million Series B+ Round

 

LINKHOU, an industry robot maker, has raised over RMB 100 million in its Series B+ round. The proceeds will be primarily used for technology R&D, production base expansion, and global market deployment.

 

▌Eacon Receives CSRC Approval for Overseas IPO

 

Eacon, an autonomous haulage solutions provider, has received an approval from the China Securities Regulatory Commission (CSRC) for its overseas initial public offering.

 

▌Eacon Debuts at First Tibet Linzhi Engineering Construction Expo

 

Eacon, an autonomous haulage solutions provider, showcased its autonomous driving system achievements and multi-scenario adaptability in complex working conditions at the First Tibet Linzhi Engineering Construction Expo, to inject technological momentum into intelligent construction in plateau regions.

 

▌StepFun’s Voice Model Tops China, Ranks Top 3 Globally

 

StepFun, a Chinese artificial intelligence foundation model company, has seen its next-generation speech generation model StepAudio 2.5 TTS enter the global top three on the Artificial Analysis Speech Arena Leaderboard, becoming the highest-ranked Chinese foundation model on the list.

 

▌LimX Dynamics Unveils Next-Gen Interactive Full-Size Humanoid Robot

 

LimX Dynamics, a robotics company, launched LimX Luna, a full-size humanoid robot designed for commercial service. Standing 160cm tall with 27 degrees of freedom, it is currently the world’s only mass-producible and deliverable female full-size humanoid robot.

 

▌Lenovo Unveils AI Agent Hosts Powered by CIX’s Chips

 

CIX Technology, an Arm-based smart CPU developer, announced that Lenovo has unveiled two high-performance AI agent terminal hosts built on CIX’s Agentic SoC P1: the Lenovo AI Host P7 and the Lenovo AI Host mini.

 

▌RT Hightech Closes Series F2 Round

 

RT Hightech, a producer of basic materials for lithium batteries, has closed its Series F2 round. The company has completed two investment rounds this year with cumulative proceeds reaching RMB 350 million. It has now initiated a Series F3 round of RMB 1 billion, expected to close in the third quarter.

 

▌Biren Technology Completes Inference Verification for New Model of StepFun

 

Biren Technology, a Chinese artificial intelligence chipmaker, has completed inference verification for the new model of StepFun, a Chinese AI foundation model company. After the release of Step 3.7 Flash, Biren’s Bili™ 166M quickly completed Day-0 adaptation using the vLLM inference framework, achieving efficient and stable operation.

 

▌BoCloud Launches BoAgent AI Agent Platform

 

BoCloud, a provider of professional cloud computing services for enterprise clients, has launched the BoAgent AI Agent platform and a full-stack product matrix targeting government and enterprise markets, along with vertical solutions for AIOS, finance, and OPC.

 

▌HIWAY’s Dual Screens Power Onvo L80’s Cockpit Upgrade

 

NIO recently launched the Onvo L80, featuring front and rear dual screens supplied by HIWAY, a smart cockpit solution provider. The two screens enable a comprehensive upgrade in the vehicle’s cockpit experience, delivering a leapfrog transformation in luxury and technology.

 

▌HIWAY Founder Speaks on Supply Chain Digitalization at Industry Conference

 

HIWAY, a smart cockpit solution provider, was invited to the Automotive Supply Chain Digital & Intelligent Synergy Conference. Its founder and CEO Li Linfeng attended and delivered a keynote speech titled “Digital & Intelligent Synergy Across the Automotive Supply Chain.”

 

▌HIWAY Unveils Industry-First AI Assistant with OLED and LLM at Wuhan Optical Expo

 

HIWAY, a smart cockpit solution provider, showcased its self-developed products at the 21st Optics Valley of China International Optoelectronic Exposition in Wuhan, Hubei Province. In the “Optics + AI” special exhibition area, the company presented the industry’s first all-scenario intelligent assistant equipped with OLED, an AI agent, and an open-source LLM.

 

▌Standard Robots Showcases Semiconductor Solutions at SEMICON SEA

 

Standard Robots, an industry robot maker, showcased its solutions tailored for the semiconductor industry’s needs for high value, high cleanliness, and high precision. The company highlighted three flagship products and industry-level solutions.

 

 

▌AICT Wins Qingxin District Smart Transportation & Integrated Parking-Charging Project

 

AICT, a smart transportation solutions provider, has won a project valued at nearly RMB 100 million in Qingxin District, Qingyuan City, Guangdong Province. The project represents a major deployment of Physical AI in new application scenarios, empowering the transformation of urban transportation infrastructure with cutting-edge AI technology.

 

▌Pony.ai Robotaxi Quarterly Revenue Hits Record High

 

Pony.ai, an autonomous driving technology company, reported that its Robotaxi passenger fare revenue grew 456.5% year-on-year in the first quarter, reflecting strong momentum in its Robotaxi business.

 

▌Inceptio Technology Delivers Next-Gen Autonomous Driving Computing Platform

 

Inceptio Technology, a developer of autonomous driving technologies for heavy-duty trucks, has delivered its next-generation autonomous driving computing platform. While improving computing performance and power efficiency, the platform reduces system complexity and significantly enhances the driving experience and operational efficiency of Inceptio’s truck NOA.

 

▌TrunkTech Founder Discusses Logistics Revolution at Sino-German Forum

 

TrunkTech, a provider of L4 autonomous driving technology for trucks, participated in the China-German Industrial Cooperation and Development Forum in Beijing, where its founder, chairman, and CEO Zhang Tianlei delivered a keynote titled “ A Logistics Revolution Powered by Physical AI.”

 

 

▌XREAL Unveils New xbx a01 Series

 

XREAL, an AR glasses designer and manufacturer, announced the launch of its vibrant youth sub-brand xbx (X by XREAL), with the first product, the xbx a01 series AR glasses, making its debut.

 

Cooperation & Win-win

 

▌PCG Power Accelerates Strategic Joint Venture with Octopus Energy

 

PCG Power, a comprehensive energy management service provider, is accelerating its strategic joint venture with Octopus Energy. Together, they held business discussions with China Southern Power Grid and State Grid EV Service (Shanxi) Co., focusing on market-based power trading, virtual power plants, and energy storage operations.

 

▌CIX Technology Becomes First Chinese Arm Chip Platform to Enter Ubuntu Ecosystem

 

CIX Technology, an Arm-based smart CPU developer, announced that its P1 platform has received community support from Canonical, Ubuntu’s parent company, becoming the second platform globally and the first from China to receive Ubuntu developer preview image support, following Qualcomm’s Snapdragon X Elite.

 

▌CIX and WPG’s AIT Group Partner to Drive AI Agent Terminals

 

CIX Technology, an Arm-based smart CPU developer, together with AIT Group, a subsidiary of leading semiconductor distributor WPG Holdings, hosted a webinar focused on how CIX’s P1 platform and its heterogeneous AI computing power are enabling OpenClaw and AI NAS solutions.

  

▌CIX Technology Forms Strategic Partnership with MetaComputing

 

CIX Technology, an Arm-based smart CPU developer, has formed a strategic partnership with MetaComputing. The two parties will deepen collaboration in modular, high-performance AI agent computing, launching next-generation open-source Arm computing solutions for global developers and creators.

 

▌AlphaESS Hosts African Energy Leaders in China to Build Collaborative Ecosystem

 

AlphaESS, a solar energy storage solution and service provider, invited a 30-person client delegation comprising contractors, developers, financial investors, and partners from South Africa, Zimbabwe, and other African countries to visit China for exchanges.

 

▌NOLO Empowers China Mobile Migu’s “100-Store Plan”

 

NOLO, a technology company focusing on VR/AR interaction, empowers China Mobile Migu’s “100-Store Plan” with its “AI and XR-powered Location-Based Entertainment (LBE) multi-user immersive large-space solution,” delivering highly immersive, highly mobile, and highly engaging interactive experiences.

 

▌Eacon Helps Inner Mongolia Open-Pit Coal Mine Achieve New Production Breakthrough

 

Eacon, an autonomous haulage solutions provider, has deployed over 100 autonomous mining trucks to help the Zhahanao'er Open-pit Coal Mine under SPIC (State Power Investment Corporation) Inner Mongolia Company achieve a soil and rock stripping output exceeding 21,323,800 cubic meters, with autonomous efficiency on par with manned operations.

 

 

▌Biren Technology Forms Strategic Ecosystem Partnership with Wonders Information

 

Biren Technology, a Chinese artificial intelligence chipmaker, has formed a strategic ecosystem partnership with Wonders Information. Leveraging Biren’s high-performance, self-controlled general-purpose GPUs and large-scale AI computing cluster deployment capabilities, combined with Wonders Information’s resources and expertise, the two parties will jointly create a new benchmark for domestic AI solutions.

 

▌Inceptio Technology Wins ZTO Freight’s 10th Anniversary “Jinshi Partner Award”

 

Inceptio Technology, a developer of autonomous driving technologies for heavy-duty trucks, was honored with the “Jinshi Partner Award” at ZTO Freight’s 10th anniversary high-quality development conference, recognized for its deep collaboration and outstanding achievements with ZTO Freight in large-scale smart truck driving applications.

 

Going Global

 

▌AlphaESS Showcases at Philippine Solar & Storage Expo

 

AlphaESS, a solar energy storage solution and service provider, showcased new residential and commercial and industrial full-scenario energy storage solutions at the Solar & Storage Live Philippines 2026. Its highly adaptable and reliable products precisely match the real market demand driven by the Philippines’ high electricity prices and grid weaknesses.

 

▌AlphaESS Exhibits at Australian Smart Energy Exhibition

 

AlphaESS, a solar energy storage solution and service provider, exhibited at the 2026 Smart Energy Conference & Exhibition in Australia, leveraging over a decade of deep market cultivation. The company presented its next-generation residential and C&I energy storage solutions, with a core strategy focused on subsidy alignment, optimal returns, robust performance, and safety and reliability.

 

▌AlphaESS Signs Strategic Cooperation Agreement with Alpha Solar

 

AlphaESS, a solar energy storage solution and service provider, has signed a strategic cooperation agreement with Alpha Solar. The two parties will integrate their strengths in technology R&D, local manufacturing, and market channels to jointly expand the Malaysian energy storage market.

 

Sustainable Business

 

▌Zhongke Qingneng Proposes “Inner Mongolia Hydrogen to Hong Kong” Supply Chain at Hydrogen Forum

 

Zhongke Qingneng, a hydrogen liquefaction equipment provider, participated in the International Hydrogen Development Forum 2026 in Hong Kong. The company proposed a system solution leveraging wind- and solar-rich regions and its core hydrogen liquefaction equipment to build a “Inner Mongolia Hydrogen to Hong Kong” supply chain, creating a liquid hydrogen transport system and a global liquid hydrogen hub.

 

▌Green Methanol Enters Critical Industrialization Window, Says HydoTech VP at 4th China Energy Week

 

HydoTech, a leading global provider of green hydrogen solutions, attended the 4th China Energy Week — 2026 Annual Conference of Influence in Beijing. On a roundtable themed “Green Methanol,” the company’s Vice President Hu Junming stated that against the backdrop of China accelerating the diversification of hydrogen applications and large-scale development of green fuels, green methanol is entering a critical window for industrialization.

 

▌INFY Showcases Full-Chain Solar-Storage-Charging Solutions at CPSE 2026

 

INFY, an energy storage innovator, participated in the CPSE 2026 exhibition, showcasing its full-chain system solution covering solar, storage, charging, and discharging.

 

▌Ronbay Technology Exhibits at International Battery Fair in Shenzhen

 

Ronbay Technology, a new energy material producer, exhibited at the 18th China International Battery Fair (CIBF2026) in Shenzhen. The company showcased its cutting-edge material products, including ternary, LFP, sodium-ion, LMFP, and solid-state battery materials.

 

 

Honors

 

▌Eacon's Prediction Framework Tops Waymo's Interaction and Motion Prediction Leaderboards

 

Eacon, an autonomous haulage solutions provider, announced that its self-developed joint trajectory prediction framework IMRv2 has ranked first on both the Interaction Prediction and Motion Prediction leaderboards of the Waymo Open Motion Dataset (WOMD).

 

▌Dexmal Named to 2026 Embodied AI Industry Implementation Benchmark Award

 

Dexmal, an embodied AI company, has been named to the 2026 Embodied AI Industry Implementation Benchmark Award. The award is initiated by GGII (Gaogong Robot Industry Research Institute) and focuses on companies with real-world commercial deployment scenarios and industrial application value.

 

▌AEW Group Wins Two 2026 EAC Zhiyao Awards for Cockpit Innovation Experience

 

AEW Group, a designer and manufacturer of auto seat heaters and seat belt reminders, has won two 2026 EAC Zhiyao Awards for Cockpit Innovation Experience. The company’s self-developed “shared in-vehicle refrigerator with multi-stage phase-change cold storage” and “in-vehicle coffee maker and hot beverage dispenser” both received awards.

 

▌INGIN Wins “Jinlin Award” at Global Automotive Closure Systems Innovation Technology Summit

 

INGIN, an automotive component provider, presented its self-developed Smart FTC™ intelligent front cabin system at the Global Automotive Closure Systems Innovation Technology Summit and won the “Jinlin Award” for the product.

 

▌Yunchuang Zhixing Wins Third Prize at Hangzhou International Embodied Robot Scenario Application Competition

 

Yunchuang Zhixing, a developer of autonomous driving sanitation vehicles, won the third prize in the Startup & Venture Competition at the 2026 Hangzhou International Embodied Robot Scenario Application Competition, as the only participant focusing on sanitation scenarios.

 

▌Rhino Named “World Finance Forum Tech Innovation Growth Enterprise”

 

Rhino, a computing chip developer, has been named a "World Finance Forum Tech Innovation Growth Enterprise" in Hong Kong, recognized for its technological innovation and rapid growth in embodied AI computing power.

 

▌NOLO Selected as Official “2025 Metaverse Typical Case”

 

NOLO, a technology company focusing on VR/AR interaction, has been selected as an official 2025 Metaverse typical case for its AIGC-based 3D Content Generation Platform. The selection was jointly announced by MIIT, the Ministry of Education, the Ministry of Culture and Tourism, and the National Radio and Television Administration.

 

▌Whale Obtains SOC 2 Type II Attestation

 

Whale, an AI-powered marketing and sales operations platform, has obtained SOC 2 Type II attestation. The internationally recognized attestation validates Whale’s security systems, technical capabilities, and operational standards, proving that its security controls have reached a leading global enterprise-service level.

 

▌AICT Wins First Prize of China Institute of Electronics Science and Technology Progress Award

 

AICT, a smart transportation solutions provider, in collaboration with the University of Science and Technology Beijing and the Institute of Automation of the Chinese Academy of Sciences, submitted the project “Low-Quality Image Representation and Complex Image-Text Recognition Technology and Application for Open Environments.” The project won the first prize of the Science and Technology Progress Award (2025) of the China Institute of Electronics.

 

▌Autolink Featured in People’s Daily Special Report

 

Autolink, a smart cockpit software and hardware provider, was featured in a special report in People’s Daily. The report systematically reviews the company’s ongoing exploration surrounding electronic and electrical architecture upgrades.

 

▌Seyond Wins Two Awards at EAC2026

 

Seyond, a leading provider of high-performance LiDAR sensors and solutions, won two awards at EAC2026. Its pure solid-state ultra-wide-angle LiDAR Hummingbird platform received both the “Intelligent Perception Innovation Technology” and “Embodied AI Innovation Technology” awards.

 

▌CALB Named to Fortune China ESG Impact List

 

CALB, a leading new energy enterprise specializing in lithium battery technology, has been named to the Fortune China ESG Impact List.