Deals

  • Nio Capital, BYD invest in smart color-changing glass technology developer

    Geely's premium EV brand Zeekr is already using such technology in its first model, the Zeekr 001.

  • Chinese EV startup Hozon said to be raising up to $1 billion in Pre IPO round

    Hozon is reportedly in the midst of a new funding round of at least $800 million and up to $1 billion.

  • Nio delivers vehicles for police use in Qingdao, eastern China

    Nio today delivered eight Nio ES6s to Qingdao as police vehicles.

  • Nio partners with Dolby, ET7 to come standard with Dolby Atmos

    The Nio ET7 will be available in showrooms around Chinese New Year, with deliveries to begin in the first quarter of next year.

  • Further Reading: Nio, Xpeng, Li Auto build their moats through external investments

    Nio has invested in about 40 companies in 5 years, and Xpeng and Li Auto have also made outbound investments to build deeper moats.

  • Changan's premium EV brand to get capital injection, Nio's stake to be diluted to just 1%

    The move represents a further exit for Nio from its joint venture with Changan after it cut its stake in the company to 4.62 percent late last year.

  • US EV startup Fisker signs battery supply deal with China's CATL

    CATL will supply Fisker with more than 5 GWh of capacity annually from 2023-2025.

  • Tesla inks three-year deal with world's largest lithium supplier

    Founded in 2000, Ganfeng Lithium has production capacity for more than 40 lithium compounds and lithium metal products.

  • Tesla, Nio supplier CATL signs deal to license CTP technology to Hyundai Motor's parts affiliate

    Nio's 75-kWh hybrid battery pack unveiled last month uses CATL's next-generation CTP technology to simplify manufacturing and assembly by 10 percent.