People gather at the booth of Chinese electric vehicle start-up NIO as it unveils its ES8 SUV at the Shanghai Auto Show on April 19, 2017. Photo: Reuters REUTERS

Tencent-backed electric-car start-up ropes in Toyota’s China partner for self-driving cars

Shanghai-based electric vehicle start-up NIO has forged a strategic alliance with GAC Group, which manufactures cars with Toyota and Honda in China.

Topic |   Start-ups

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People gather at the booth of Chinese electric vehicle start-up NIO as it unveils its ES8 SUV at the Shanghai Auto Show on April 19, 2017. Photo: Reuters REUTERS
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