Deals

Skyworth Auto has signed a 10-year partnership agreement with Saudi Arabia's KAG, with the first phase of a five-year partnership having a business plan worth RMB 10 billion ($1.38 billion).

Nio and GAC will work together to establish a unified battery standard and jointly develop battery swap-enabled passenger cars and battery swap stations compatible with models from both brands.

HiPhi has recently received a strategic investment from a Hong Kong-based organization that will help it resume operations and production, which could happen in late April or early May, according to local media.

WeLion and JAC Yiwei will work together to develop a model powered by 4695 large cylindrical semi-solid battery cells with a range of 600 km to 1,000 km.

Xpeng and Volkswagen's jointly developed E/E architecture is expected to equip Volkswagen-branded EVs produced in China from 2026.

Jaguar Land Rover will become the first luxury automaker to adopt Chery's platform, with the partnership close to being finalized, according to local media.

Midea and Nio will cooperate in areas including EV parts, automation services, digitalization, low-carbon parks and smart logistics.

Avatr has approached HiPhi and may have struck a partnership deal, with the two now reorganizing their teams, according to local media.

EVs from brands including Geely, Lynk & Co, Zeekr, Polestar, and Smart will be able to use Nio's chargers in their apps' charging maps.

The R&D center will focus on exploring cutting-edge areas of autonomous driving and introducing customized autonomous driving solutions for the European market and users, Pony.ai said.