Deals

This is the third agreement Nio has signed with a highway service area operator in the past month.

Momenta, an industry-leading autonomous driving company, will further boost the rapid breakthrough and mass production of BYD's smart driving technology, said BYD.

CATL, China's largest power battery giant, is getting involved in building a battery swap network itself.

It will launch three new models including MPVs and SUVs within two years after Denza completes its shareholding adjustment, local media said.

BYD has taken a stake in RoboSense and is expected to start carrying the latter's LiDARs in its models to be launched next year.

Nio is in deep contact with BYD, and the two sides are already at the end of the discussions about the cooperation on the former's sub-brand, local media reports said.

Farasis Energy has sent samples of its first-generation semi-solid-state battery with an energy density of 330Wh/kg to Mercedes-Benz, which will start testing prototype batteries soon.

Gotion will secure the number of batteries required by the customer, which expects to purchase no less than 200 GWh in total, from 2023-2028.

Li Auto's founder said the company will increase its investment in Chongqing and deepen its strategic partnership with the city.

Nio signed an agreement with Anhui Yida to jointly build 13 battery swap stations in highway service areas.