Deals
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CATL partners with Maersk to expedite global expansion
Maersk will become CATL's preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.
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Mercedes, Momenta tie up to develop driver-assist system for China
The driver-assist system jointly developed by Mercedes and Momenta will debut in the all-new locally produced, all-electric CLA model to be launched this fall.
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FAW to become largest shareholder of DJI unit ZYT to ramp up bet on smart driving
FAW will acquire a 35.80 percent stake in ZYT, becoming its largest single shareholder, a regulatory filing shows.
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Huawei, GAC launch new brand to target premium EV market
GAC said it will prioritize the new brand -- Qijing -- allocating superior resources to ensure its long-term development.
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Li Auto, CATL ink new deal to deepen tie-up on battery safety, supercharging tech
Li Auto and CATL will also collaborate to expand domestic and international operations, jointly advancing battery technology innovation and global deployment.
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Huawei-backed Stelato to invest $2.8 billion over next 3 years to ramp up EV efforts
Huawei and BAIC will establish a dedicated Stelato business unit team operating under a "strategic alliance" approach.
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Chinese LiDAR maker Hesai announces $40 million order from unnamed US robotaxi firm
This marks Hesai's second LiDAR order announcement from a US company this month.
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Momenta, Uber to start robotaxi testing in Germany in 2026
Momenta will test Level 4 autonomous robotaxis with Uber in Munich, Germany, in 2026.
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Nio's tech service revenue primarily comes from McLaren, William Li says
Nio has confirmed for the first time that the company works with McLaren and has received technical service revenue from the automaker.
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FAW plans to acquire 10% stake in Leapmotor, report says
FAW plans to acquire about 10 percent of Leapmotor's shares, becoming a strategic shareholder, according to a local media report.