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Nio Plans Investment in Embodied AI Startup Founded by Ren Shaoqing

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Sig2.55Sen+2.20Env0.00Soc+0.80Gov+0.60

Nio plans a strategic investment and collaboration with an embodied intelligence startup founded by smart-driving chief Ren Shaoqing, while keeping him in his current management role. The startup focuses on physical AI foundation models and embodied intelligence. Nio also moved its Shenji NX9031 chip into mass production and rolled out its Nio World Model to production vehicles, including a June update covering more than 700,000 users.

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