Chery to invest $75 million in South Korea’s KG Mobility, eyeing global capacity sharing — Explained
Chery will invest $75 million via convertible bonds, which would give it about a 10% stake in KG Mobility if converted.
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A Look at pony AI, Uber expand tie-up to deploy over 2,000 robotaxis in 5 European cities
The two will build on the existing service in Zagreb, Croatia, adding 4 European cities, with plans to expand into the Middle East.
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A Look at bYD signs MOU with Malaysia’s Bus Cap to localize electric bus production
The two sides will explore establishing electric bus assembly and manufacturing facilities in Perak.
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Seres-backed Aiva reportedly explores joining CATL battery swap network — Explained
Aiva is discussing a battery swap solution with CATL, with its first production model, the ME7, set to debut by the end of 2026.
