Deals

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.

Kaixin Auto has signed a non-binding letter of intent to acquire 100 percent of WM Motor from its shareholders by issuing a certain number of new shares.

Nio has entered into a partnership with sports facility operator China Sports Space to pave the way for the further rollout of battery swap stations.

The deal is the first major investment in a European startup by a top Chinese global battery maker, with an initial focus on Central and Eastern Europe as well as Morocco.