Deals

On July 18, Stellantis and GAC announced that they will terminate the joint venture GAC-Stellantis.

CATL will provide LFP battery packs for the Ford Mustang Mach-E sold in North America starting next year and for the F-150 Lightning starting in 2024.

The vehicles will first be put into operation this summer in seven cities - Guangzhou, Shenzhen, Tianjin, Hangzhou, Zhengzhou, Haikou and Sanya.

99, a subsidiary of Didi, has pledged to register 10,000 EVs on its platform by 2025.

Mirattery has contracted with several companies, including JAC's Sehol brand and Geely-backed Soland Technology, to provide technical services or build joint labs.

Xpeng Robotics, which unveiled its first product last year and brought in an industry veteran, will use its latest financing to ramp up its R&D.

Lithea's main asset, the PPG project, is a lithium salt lake project in Argentina that includes two lithium salt lake assets.

Solid-state batteries with a range of more than 1,000 kilometers, developed by the two companies, will be the first to be installed in a new SAIC-owned model next year.

Louwman will open offline stores in several Dutch cities to provide a full range of sales and after-sales services for BYD's NEVs.

The site will be used for the first phase of BYD's planned RMB 5 billion automotive industrial park in Shenzhen.