A Look at nio appears on strategic investor list for memory giant CXMT’s blockbuster IPO
A Nio subsidiary has committed to subscribe for 158 million yuan of CXMT shares, with an 18-month lock-up period.
A Nio subsidiary has committed to subscribe for 158 million yuan of CXMT shares, with an 18-month lock-up period.
CATL and Europe’s Alfen plan to deploy 5 GWh of sodium-ion battery energy storage systems in Western Europe starting in 2027.
Google Maps in-vehicle Map Data Services will support Xpeng’s driver-assistance systems, clearing obstacles for the global roll-out of VLA 2.0.
The two parties extended the term of their GAC Honda joint venture through 2038 while keeping their ownership structure unchanged.
The agreement marks CATL’s second sodium-ion energy storage order in Europe this month.
Volkswagen and Horizon Robotics will deepen their technological cooperation in AI foundation models through their joint venture Carizon.
The joint venture is expected to begin operations in the first half of 2027, with the first new vehicle set to roll off the line in 2028.
Chery will invest $75 million via convertible bonds, which would give it about a 10% stake in KG Mobility if converted.
The two will build on the existing service in Zagreb, Croatia, adding 4 European cities, with plans to expand into the Middle East.
The two sides will explore establishing electric bus assembly and manufacturing facilities in Perak.