Deals

The upgraded GXR robotaxi is scheduled to officially roll off the production line in the third quarter of 2026.

Nio and Bosch will collaborate in areas including steer-by-wire chassis, battery management systems, powertrain systems, and autonomous driving perception modules.

The move would mark the first time a major Western automaker relies on a Chinese company's vehicle architecture and software to support European models.

BMW and CATL will launch pilot projects for trusted data exchange and carbon footprint accounting under the Battery Passport framework.

Ford and Geely are discussing a potential partnership as both companies seek to share technology and manufacturing costs, Reuters reported.

This marks Nio Capital's second recent investment in a robotics company.

Ford has also held talks with BYD and other Chinese automakers about potential US collaborations, according to the Financial Times.

Ronbay shares opened Monday at the daily limit-down of 20%, though losses have narrowed to about 11%.

If a deal is reached, Ford would likely source batteries from BYD for its plants outside the US, the Wall Street Journal reported.

Ronbay said that the RMB 120 billion ($17.2 billion) lithium material order amount with CATL represents its own estimates and involves uncertainties.