Deals

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.

CATL will exclusively supply batteries to Primergy's $1.2 billion Gemini PV and energy storage project.

The partnership began with SIXT's initial order for thousands of BYD's all-electric vehicles, with first deliveries in the fourth quarter of 2022.

The electric vehicle maker will pay $7.7 million up front and up to $80 million more for a stake in an Argentine mining project in its tie-up with Greenwing Resources.