Deals
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WeRide secures investment from Grab to expedite robotaxi deployment in Southeast Asia
Grab will invest tens of millions of dollars in WeRide, with the transaction expected to close by the first half of 2026.
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Hesai to supply LiDARs to Toyota's joint venture in China
Hesai did not disclose the name of the Toyota joint venture, but said that the automaker's models equipped with its ATX LiDAR will go into mass production in 2026.
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Xpeng, VW expand tech partnership to cover gasoline and plug-in hybrid platforms
The jointly developed technology architecture will not only be integrated into Volkswagen's BEV platform, but also deployed on its gasoline and plug-in hybrid platforms in China.
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Nio signs new deal to add 100 swap stations in East China's Jiangsu
Nio currently has 422 battery swap stations and 313 supercharging stations in Jiangsu.
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Huawei, Chery sign deal to bring joint brand Luxeed to 'Phase 2.0'
Luxeed will invest over RMB 10 billion ($1.4 billion) and increase its R&D team to 5,000 people.
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Baidu, Lyft partner to deploy robotaxis in Europe
The initial deployment is planned for 2026 in Germany and the UK, with the fleet size expanding to thousands of cars across Europe in the coming years.
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CATL signs deal to bring over 100,000 battery-swappable cars to Car Inc's fleet
CATL and Car Inc will launch a pilot program this year and gradually deploy over 100,000 battery-swappable vehicles.
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Chinese smart driving startup Momenta invests in electric heavy truck startup Zeron
Zeron today announced that it has completed a Series A financing round worth RMB 500 million ($70 million), with Momenta as one of the three lead investors.
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Baidu partners with Uber to deploy thousands of robotaxis globally
The first deployments are expected to take place later this year in Asia and the Middle East, using Apollo Go's sixth-generation robotaxi.
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Geely, Zeekr finalize merger deal with higher offer
The final merger agreement prices Zeekr at $26.87 per ADS, up from the $25.66 proposed two months ago.
