Deals

Huawei strikes strategic partnership with Dongfeng's electric off-road brand M Hero

Huawei and M Hero are still discussing specific partnership models, with those based on parts supply or the HI model being prioritized. ...

BYD's battery unit FinDreams to supply blade battery cells to US parts supplier BorgWarner

FinDreams' cells will be used in BorgWarner's LFP battery packs for commercial vehicles in Europe, the Americas and selected parts of Asia-Pacific. ...

Battery maker Gotion plans to set up low-carbon tech institute in HK

Gotion plans to set up the institute with Hong Kong-listed Envision to conduct research on battery energy storage system technologies and business models. ...

Geely Auto inks deal to purchase Zeekr cars for resale in Mexico

At a time when the cost of fossil fuels is skyrocketing and sustainability is becoming increasingly important, Latin American consumers are eager for greener vehicles, Geely Auto s ...

Nio Capital closes over RMB 3 billion in new fundraising

Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion. ...

BYD to build charging facilities in Brazil with local energy firm Raízen Power

BYD and Raízen Power plan to build 600 new DC charging piles in eight major Brazilian cities. ...

Nio reaches deal with local firm for production of SiC modules

United Nova said it will be the production supplier for Nio's first in-house developed 1200 V SiC module, helping the EV maker build on its leadership position in the 900 V high-vo ...

State investors jump on board NEV maker Leapmotor's bandwagon

As the global war for NEV market share intensifies, the company could get an edge through its joint venture with US-European auto giant Stellantis. ...

Dongfeng's NEV brand Voyah strikes strategic partnership with Huawei

Voyah said it and Huawei will accelerate the large-scale commercial application of intelligent technologies through the exploration of collaborative vehicle models. ...

Leapmotor secures $84.3 million strategic investment from local govt funds

This is the latest investment Leapmotor has received after announcing a 1.5 billion euro investment from Stellantis on October 26, with the subscription price a 70 percent premium ...
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