Deals

Xpeng Aeroht said the move will increase its confidence in the flying car business and support it to increase capital investment in research and development.

This marks Sunwoda's entry into Volkswagen's high-voltage battery supplier system, the company said.

CATL will explore various forms of cooperation with VinFast on the CIIC skateboard chassis to help the company expand into global markets.

Neta's flagship sedan, the Neta S, is powered by Huawei's MDC610 computing platform, and the Neta U-II, announced earlier this month, uses Horizon Robotics' Journey 3 chip.

The first store of the partnership between BYD and Saga Group opened, bringing the number of BYD's offline dealership stores in the country to 10.

When completed, Nio's new international headquarters is expected to bring in 10,000 top talent, according to a statement from the local government.

Nio and H World Group will cooperate in the construction of charging and battery swap facilities.

The order is estimated at $110 million and the project is expected to be completed and delivered by the end of 2022.

Envision AESC will build a battery plant in the US to supply BMW with a planned capacity of 30 GWh, with production scheduled for 2026.

BYD, which officially entered the Brazilian passenger car market last December, expects to have a presence in 45 cities in the country by the end of this year.