Deals

  • Brazilian ride-hailing app 99 partners with BYD to accelerate adoption of EVs in its fleet

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

  • Nio's battery asset JV Mirattery enters into partnerships with multiple firms

    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 closes over $100 million in Series A funding, expects smart robots to enter households in next two years

    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.

  • Ganfeng Lithium to buy Lithea, which has lithium resources in Argentina, for up to $962 million

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

  • SAIC sets up solid-state battery lab with QingTao to develop batteries with range of over 1,000 km

    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.

  • BYD partners with local dealer to tap Dutch NEV market

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

  • BYD wins new land parcel of over 550,000 sqm in Shenzhen for parts project

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

  • Tianqi Lithium signs deal to supply lithium hydroxide to LG Chem

    A subsidiary of Tianqi Lithium has signed an agreement with LG Chem to sell lithium hydroxide to the latter from January 1, 2023 to December 31, 2026.

  • CATL to supply batteries for Kia's Niro SUV sold in South Korea

    Korean media reported yesterday that Kia has selected CATL's batteries for its electric Niro SUV. Chinese media today quoted CATL sources as confirming the report.

  • Huawei reportedly adds Chery and JAC to its automotive partners

    Huawei is building at least two models jointly with Chery and at least one model with JAC, local media reports said.