Deals

Nio and Maersk will explore cooperation in areas including order management, inventory management, and foreign spare parts and battery storage depots.

Huawei will recommend CATL as its first choice of power battery supplier for its partner car companies.

Honda is expected to purchase 123 GWh of pure electric vehicle power batteries in China from CATL between 2024 and 2030.

BYD has made a strategic investment of RMB 2 billion in Chengxin Lithium, acquiring a 5.11 percent stake.

Tencent will provide support for the large-scale data storage, computing and model training needed to take Nio's autonomous driving technology from development to operation.

Auto Nejma said it will aim to invest in the coming months to promote the BYD brand in the main cities of the kingdom.

CNOOC is the latest oil giant to enter into a partnership with Nio. Previously, the EV maker has entered into similar partnerships with Sinopec, CNPC, and Shell.

Nobina has more than 300 BYD all-electric buses in its fleet, or on order, operating in towns and cities in Sweden, Norway and Finland.

ElectroMobility Poland's Izera brand will build a variety of electric vehicles based on the platform, the first of which will be a compact SUV.

CATL will provide a stable supply of power batteries for Daihatsu's electric vehicle models and promote the deployment of battery technology, including CTP and BMS, in Daihatsu's vehicles.