Deals

  • BYD partners with e-bike maker TAILG to develop batteries for electric 2-wheelers

    The companies will work together to develop BYD batteries that can achieve the same lifespan as two-wheeler bodies, TAILG said.

  • GAC, Huawei sign deal to jointly create new premium NEV brand

    GAC will create a new premium smart NEV brand in addition to Trumpchi, Aion and Hyptec.

  • Leapmotor signs deal to assemble cars in Myanmar

    Leapmotor has signed a cooperation agreement with Myanmar's NPK Motor to assemble vehicles on a KD (Knocked Down) model in the Southeast Asian country.

  • Changan, CATL partner to offer battery swap-enabled EVs for ride hailing market

    Changan said its Oshan 520, built on CATL's battery swap solution, will bring a new experience to the shared mobility market.

  • Avatr plugs into Nio's charging network

    Avatr, previously known as Changan Nio, plugged into Nio's charging network, becoming the 14th brand to do so.

  • Financially troubled Neta gets relief from local government support

    A business entity of the Nanning city government will provide Neta with supply chain financial support for raw material sourcing, production, logistics, and export.

  • Gotion's battery project in Morocco gets $280 million investment from local firm CDG

    CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.

  • Chinese autonomous driving startup DeepRoute secures $100 million in Series C1 funding

    DeepRoute secured $100 million in Series C1 funding from Great Wall Motor, after becoming a supplier of smart driving solutions to the automaker in March.

  • Chinese sodium battery maker Zoolnasm says it becomes supplier to one global auto parts firm

    The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million).

  • Nio's Middle East backer CYVN to buy sports car maker McLaren's auto business

    CYVN reached a non-binding agreement to acquire 100 percent of McLaren's automotive business from Bahrain's sovereign wealth fund Mumtalakat.