Deals

  • BYD said to have secured Tesla's battery order for 204,000 vehicles per year BYD

    BYD said to have secured Tesla's battery order for 204,000 vehicles per year

    BYD's batteries for Tesla will begin mass production in March, and Tesla cars with the blade batteries are expected to hit the market in the second quarter, the latest rumor says.

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  • Sinopec invests in Nio Capital's portfolio company that produces carbon fiber materials EV Industry

    Sinopec invests in Nio Capital's portfolio company that produces carbon fiber materials

    Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.

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  • Jidu closes nearly 0 million Series A funding as Baidu ramps up its EV push EV Industry

    Jidu closes nearly $400 million Series A funding as Baidu ramps up its EV push

    The funding round, from Baidu and its strategic partner Geely, will help JiDU accelerate the development and mass production of its first robot car.

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  • Nio-backed chip maker Black Sesame partners with self-driving tech provider MAXIEYE to create smart driving solutions Nio

    Nio-backed chip maker Black Sesame partners with self-driving tech provider MAXIEYE to create smart driving solutions

    The two companies will release product solutions for a next-generation, high-level smart driving platform in 2022, covering both high-speed and low-speed scenarios.

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  • Nio partners with IKEA, 800th swap station in China goes online Nio

    Nio partners with IKEA, 800th swap station in China goes online

    The launch of the station is just the first step in its partnership with IKEA, and more battery swap stations will appear in IKEA malls in the future, Nio said.

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  • BYD sets up battery joint venture with FAW BYD

    BYD sets up battery joint venture with FAW

    BYD and FAW Group have established a joint venture with a registered capital of RMB 1 billion, with a 51 percent and 49 percent stake, respectively.

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  • BYD confirms it has won lithium mining contract in Chile BYD

    BYD confirms it has won lithium mining contract in Chile

    Chile gave two of the five lithium mining contracts to BYD Chile SpA and Serviciosy Mineras delNorte.

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  • Nio enters into strategic partnership with steel producer Baosteel Nio

    Nio enters into strategic partnership with steel producer Baosteel

    Nio and Chinese steel producer Baoshan Iron & Steel (Baosteel) have entered into a strategic partnership to work together in areas including products and supply chain.

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  • Xpeng leads latest round of funding in LiDAR maker Zvision Xpeng

    Xpeng leads latest round of funding in LiDAR maker Zvision

    This is the first time we have seen Xpeng invest in a LiDAR maker. The LiDAR supplier for the Xpeng P5 is Livox and for the G9 is RoboSense.

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  • Nio signs deal with highway service area operator in Zhejiang to jointly build swap stations Nio

    Nio signs deal with highway service area operator in Zhejiang to jointly build swap stations

    The two aim to build Nio battery swap stations in at least 15 pairs, or 30 service areas, by June 2022.

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