Deals

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.

Eve Energy said it has finalized a cell supply relationship with BMW to provide large cylindrical lithium-ion cells for the latter's Neue Klasse line of models.

CATL will supply BMW with new cylindrical cells with a standard diameter of 46 mm, which will be produced at two battery plants in China and Europe.

The financing will be used to support the 2024 debut of ClearMotion's fully active suspension CM1, which eliminates the sway in the car that disrupts the ride.