Deals

Pony.ai will set up a joint venture in Saudi Arabia and establish a manufacturing and R&D center, according to local media.

CATL is supplying batteries for the Jiyue 01, which will be officially launched on October 27.

BeyonCa has signed separate agreements with a Saudi investor and a Middle Eastern distributor.

GAC plans to invest up to $149 million in Didi's autonomous-vehicle subsidiary along with another company.

BMW will leave the remaining order of about 70 GWh of its 160 GWh battery needs to be shared between CATL and Eve Energy, according to local media.

Neta becomes the second EV maker after Avatr to announce that it will use CATL's Shenxing Battery.

FinDreams said it will utilize its consumer battery product, the LFP 4680, to partner with LG to create competitive products for the US and European markets.

Nio has held exploratory talks with Mercedes-Benz about a partnership that would see the German automaker invest in it in exchange for technology, Reuters reported.

In Europe, Würth will support the customization of Nio's mobile service vehicles and help Nio develop its sales, after-sales service and energy replenishment network through its integrated stores.

The annual China International Import Expo, co-hosted by China's Ministry of Commerce and the Shanghai government, is the world's first import-themed national expo.