Deals
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Lexus secures land for wholly-owned EV plant in Shanghai for $185 million
The land is located in Jinshan district in southwestern Shanghai and covers an area of about 1.13 million square meters.
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Nio Power strikes new deal to build swap stations in Yunnan
Nio Power has struck a deal with a state-owned enterprise in Yunnan to build battery swap stations in the province.
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Nio signs new deal to add 50 swap stations in East China's Shandong province
This is the third battery swap station partnership with a state-owned company that Nio has announced in the past month.
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Hesai secures order for 200,000 LiDARs from Leapmotor
Hesai's ATX LiDAR will be used in multiple production models of Leapmotor from 2025 onwards.
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CATL in talks to buy controlling stake in Nio Power, report says
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
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CATL, oil giant Sinopec to jointly build over 500 swap stations this year, with long-term goal of 10,000
CATL and Sinopec will work together to build energy replenishment networks for passenger cars and heavy-duty trucks.
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Nio signs new deal to build 100 swap stations in Changsha with partner
This is the second such partnership Nio has struck in the past few days as it continues to push forward with the construction of battery swap stations.
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Nio signs deal with Beijing state-owned firm to build 100 swap stations
Nio has teamed up with Future Science City Group in Beijing to jointly build 100 battery swap stations.
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Nio partners with CATL to create world's largest battery swap network
Nio and CATL to build the world's largest battery swap service network, and Firefly's newly developed models will use CATL's Choco-Swap technology standard.
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VW, FAW JV to launch 11 new models in China from 2026, including 10 NEVs
FAW-Volkswagen will launch six BEVs, two PHEVs, and two EREVs from 2026.
