Deals

This is the first project to begin implementation since Nio and FAW Group announced a strategic partnership framework agreement a month ago.

The Tener energy storage system has been integrated into Rolls-Royce's mtuEnergyPack QG solution.

Cheche expects to launch a customized digital insurance service system for Nio in the third quarter.

In the field of battery swap, CATL and BAIC will cooperate in areas including development of battery swap models with battery blocks, distribution of battery blocks, and battery data management.

The new Freelander-branded models will initially be sold in China through a select network and will be exported to overseas markets in the future.

Mirattery, Nio's battery asset operator with more than 10 GWh of battery assets under management, has entered into a strategic partnership with Newrizon, a Nio Capital-backed company.

Neither Nio nor Astronergy have released details about the partnership. A reasonable guess is that Nio may install photovoltaic panels on the roofs of more battery swap stations.

The Moroccan government signed an investment agreement with Gotion for the gigafactory with initial battery capacity of 20 GWh.

Nio and GAC Group's energy units have entered into a charging network sharing partnership, the first substantial development in the collaboration between the two carmakers that was agreed a month ago.

STMicro said it will supply SiC power devices for Geely's multiple brands of mid- to high-end all-electric vehicles, helping to boost performance, speed up charging and extend range.