Deals

CATL and Great Wall Motor will leverage their strengths to create a highly synergistic competitive advantage and drive technological advancement in new energy vehicles.

JAC will expand its annual production capacity to 240,000 units in order to meet the growing demand for Nio vehicles, the company said in a statement.

OPPO announced Monday that it has completed joint development and testing with Nio for a CCC 2.0-based digital car key, a feature that will be available in the Wallet App for OPPO phones and watches in the future.

CATL will supply lithium-ion battery packs for the eActros LongHaul electric truck, which is scheduled for mass production in 2024, for a supply period beyond 2030.

The two sides plan to cooperate in charging, battery swap facility construction, and charging resource sharing to create a charging experience that is "more convenient than refueling", according to Nio.

Early last month, GAC unveiled its latest battery technology at its Tech Day event, allowing for an energy density of over 280Wh/Kg and a range of over 1,000km.

The two will work together to develop a new driverless new energy model that can be put into scale application from the basic dimensions of wire-controlled chassis, autonomous driving sensors, and system integration.

Chinese power and energy company Gotion Hi-tech has entered into a partnership with electric vehicle brand Leapmotor to supply the latter with electric cells.

EVE Energy is a much smaller player than CATL, a giant with half of China's power battery market share.

Nio is actively reinforcing its business through infrastructure-related collaborations.