Deals

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.

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.