Deals

An Argentine state-owned company will provide Gotion with prospecting and mining rights to explore a potential lithium resource of about 17,000 hectares.

Xpeng's cash and cash equivalents, restricted cash, short-term deposits, short-term investments and long-term deposits reached RMB 43.5 billion by the end of last year.

WeLion has signed an agreement with Ronbay Technology to purchase no less than 30,000 tons of solid-state lithium battery cathode material products from the latter from 2022-2025.

Gotion will supply power cell products to Geely New Energy Commercial Vehicle Group from 2022 to 2024, with an estimated total of 126,000 units.

Svolt Energy and BASF Shanshan will each take a 10 percent stake in Yongshan Lithium.

BYD and Shell will first work together in China and Europe, and plan to set up a joint venture to develop an electric vehicle charging network in China.

CALB currently has seven manufacturing sites and aims to have 1,000 GWh of capacity by 2030.

BYD will equip some of its NEVs with the Nvidia DRIVE Hyperion platform from the first half of 2023 to enable smart driving and smart parking of vehicles.

Xpeng is a strategic cornerstone funder as Rockets Capital closes its first round of funding for its inaugural US dollar fund, raising more than $200 million.

Envision AESC will supply power batteries for Mercedes-Benz's EQS and EQE, and plans to build a new plant in the United States.