Published on October 14th, 2016 | by James Ayre0
NextEV Officially Opens New Silicon Valley Headquarters
October 14th, 2016 by James Ayre
The electric vehicle startup NextEV recently held an official grand opening event for its new Silicon Valley headquarters, which was attended by numerous state and city officials as well as company execs.
These execs included the founder, entrepreneur William Li, as well as the head of the firm’s US division, Padmasree Warrior, formerly a Chief Technical Officer (CTO) for Cisco.
The new headquarters will reportedly be home to hundreds of engineers and developers working on, amongst other things, the development of autonomous driving technologies and general machine learning for the company’s vehicles.
Fortune provides more: “Already, 250 people work out of the San Jose office, and another few hundred are supposed to be hired. The company also has offices in Shanghai, Beijing, Hong Kong, London, and Munich. Warrior also announced at the event that NextEV has just been chosen as one of 18 companies allowed to test out autonomous vehicles on California roads.” There seems to be a trend going on that topic.
Continuing: “NextEV is one of a handful of startups that are building electric vehicles backed by Chinese investors, looking to tap Silicon Valley’s software talent and sell into China’s huge and growing market for electric vehicles. The Chinese government is offering incentives for companies and consumers who buy electric cars in a bid to reduce the country’s serious air pollution problem. Down the street from NextEV, is LeEco, another Chinese-backed company building electric vehicles. Another is Atieva, based in Menlo Park, California. Chinese auto parts company Wanxiang is restarting Fisker Automotive, building its electric Karma car. Then there’s Faraday Future, a company building a factory in Nevada with backing from Chinese entrepreneur Jia Yueting.” Of course, as we just discussed earlier today, Atieva, LeEco, and Faraday Future all have a strong connection to Jia Yueting.
Going by comments made by company execs, pretty much all of these firms are aiming to catch up to Tesla, and have taken the pioneering company as inspiration.
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