Deals
Nio ET7 becomes official car for China import expo to be held in Nov
The annual China International Import Expo, co-hosted by China's Ministry of Commerce and the Shanghai government, is the world's first import-themed national expo.
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Kaixin Auto plans to acquire WM Motor as financially troubled EV maker drops plan for backdoor listing in HK
Kaixin Auto has signed a non-binding letter of intent to acquire 100 percent of WM Motor from its shareholders by issuing a certain number of new shares.
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Nio inks deal with sports facility operator for collaboration on swap stations
Nio has entered into a partnership with sports facility operator China Sports Space to pave the way for the further rollout of battery swap stations.
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Chinese battery maker Gotion acquires 25% stake in European firm InoBat
The deal is the first major investment in a European startup by a top Chinese global battery maker, with an initial focus on Central and Eastern Europe as well as Morocco.
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BYD's electronics unit to buy US firm Jabil's electronics making business in China for $2.2 billion
The acquisition will expand BYD Electronic's customer base and product boundaries and broaden its smartphone components business, BYD said.
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Mona to be start of more brands for Xpeng, annual sales expected to be at least 100,000 units, says CEO
The Mona project will be the start of a second, or even third, brand for Xpeng, which will be predominantly aimed at general customers but also corporate customers, Xpeng's CEO sai
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Xpeng's Mona project reportedly to launch 2 models by end of 2024
The Mona project will be aimed at both corporate and general consumers, but it's uncertain whether Xpeng will create an entirely new channel for the project, according to local med
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Xpeng surges over 14% in HK after deal with Didi announced
Xpeng saw its biggest one-day gain in early Hong Kong trading since the Volkswagen deal late last month.
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BREAKING: Xpeng to acquire Didi's EV business, plans to launch new brand codenamed 'Mona' in 2024
The first model in the "Mona" program will be an A-class EV, to be launched in 2024 to expand into the popular RMB 150,000 segment.
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Nio signs partnership deal with Singapore hospitality operator Ascott
In China, Ascott currently owns and manages over 200 properties in 42 cities.
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