Deals

CATL will participate in the vehicle development and production of BAIC-affiliated NEV companies, and provide power battery products and services.

A BYD spokesperson, responding to CnEVPost's request for comment, said the information was untrue and not in line with the actual situation.

The initial order will include the BYD Atto 3, which will be available under the so-called Salary Sacrifice program.

CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.

Seres and Huawei will jointly launch a new vehicle platform, the first flagship model of which is scheduled for release in 2023.

Newrizon was founded in September 2020 by former Nio senior vice president Huang Chendong.

BYD will sell all-electric versions of its Tang SUV and Han sedan through seven dealers in Mexico in 2023, an executive said last year.

CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.

Nio has entered into strategic partnerships with highway authorities in Anhui, Zhejiang and Jiangsu in the more economically developed Yangtze River Delta region of China.

Gotion and InoBat will explore building a 40 GWh cell and Pack facility in Europe and explore producing energy storage batteries based on the latter's existing facility in Slovakia.