Deals
Nio partners with UK firm Monolith for real-time AI battery testing
Nio is working with UK artificial intelligence software startup Monolith to test and improve battery packs in real time, with testing to begin soon in five European markets.
Deutsche Bank gives positive read on Nio China's new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
Nio announces $470 million investment in Nio China from strategic investors
Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.
Chinese startup WeRide to offer robotaxis on Uber, starting in UAE
Uber will start offering WeRide's robotaxis first in Abu Dhabi by the end of this year. The partnership does not involve the US and Chinese markets.
Nio enters charging partnership with China's oil giant Sinopec
Nio and Sinopec have entered into a charging services partnership agreement, after jointly building 279 charging and battery swap stations over the past three years.
Xpeng signs dealer deal to enter Qatar market
Xpeng has appointed Pioneer Motors as its exclusive distributor in Qatar, where the G6, G9, and P7 are expected to be launched by the end of 2024.
BYD now holds 100% of Denza as Mercedes exits
BYD has bought the remaining 10 percent of Denza from Mercedes-Benz, after increasing its stake from 50 percent to 90 percent in 2022.
Baidu-backed Jiyue to become new member of Nio-led battery swap alliance
Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio's battery swap alliance.
Chery plugs into Nio's charging network
Nio and Chery have entered into a partnership that opens up Nio Power's charging network to brands including Chery, Exceed and Jetour.
CATL in talks to buy PV module supplier DAS Solar, report says
CATL is in talks to buy photovoltaic module supplier DAS Solar, which ranked No. 8 globally in PV module shipments in the first half of this year, according to local media.
