Deals

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.

BYD has entered into a partnership with Jordanian car dealership group Bustami & Saheb Trading Company in order to offer NEVs to local consumers.

The Danish Society for Nature Conservation becomes the first overseas partner of Nio's Clean Parks initiative.

In the first half of this year there were industry sources saying that Nio was intensively researching lithium mines and that the company was particularly interested in salt lakes in South America, according to local media.

Nio, through its wholly owned subsidiary Blue Northstar Limited, has agreed to pay A$12 million to Greenwing in a strategic financing deal.

L&A Design said it will be responsible for the design and on-site management services for Nio's electric vehicle industrial parks in multiple regions.

FlexGen was previously appointed as an authorized service provider to CATL and the two have worked together on more than 2.5 GWh of energy storage system projects.

The move may be Nio's preparation for the supply of key components for its mass-market-oriented sub-brand.