Deals

Pony AI has also entered into a partnership with Luxembourg-based mobility company Emile Weber, with the two working together to promote the development and deployment of autonomous vehicles and technologies.

As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.

BYD has entered into a global strategic partnership with Game Science to become the exclusive automotive brand partner of the hit Chinese video game Black Myth: Wukong.

Nio has entered into a partnership with UAE telecoms group e&, paving the way for the planned launch of its models in the Middle Eastern country in the fourth quarter.

Nio is working with UK artificial intelligence software startup Monolith to test and improve battery packs in real time, with testing to begin soon in five European markets.

New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.

Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.

Uber will start offering WeRide's robotaxis first in Abu Dhabi by the end of this year. The partnership does not involve the US and Chinese markets.

Nio and Sinopec have entered into a charging services partnership agreement, after jointly building 279 charging and battery swap stations over the past three years.

Xpeng has appointed Pioneer Motors as its exclusive distributor in Qatar, where the G6, G9, and P7 are expected to be launched by the end of 2024.