Nio, Xpeng, Li Auto to take stake in battery maker Sunwoda’s subsidiary
An affiliate of Li Auto will invest RMB 400 million and a fund related to Nio's William Li will invest RMB 250 million.
Jidu, ZF enter partnership to jointly develop smart chassis
Jidu and ZF have signed a strategic agreement to jointly develop smart chassis, which is seen as the hardware foundation for advanced…
Volkswagen reportedly plans to acquire Huawei’s self-driving team with further details expected by end of March
Volkswagen is in discussions with Huawei about acquiring the latter's self-driving team and plans to announce further information by the end…
Nio partners with another university, will establish innovation institute focused on forward-looking technologies
Nio has signed a strategic cooperation agreement with Hefei University of Technology and will build an innovation institute with it.
Volkswagen reportedly plans to buy Huawei’s self-driving unit
Volkswagen is in talks with Huawei with plans to buy the latter's self-driving unit for billions of euros, German media reported.
Xpeng invests in local SiC chip supplier
The Xpeng G9 will use an 800-volt high-voltage SiC electric drive system, and Nio's soon-to-be-delivered ET7 also uses SiC chips.
BYD said to have secured Tesla’s battery order for 204,000 vehicles per year
BYD's batteries for Tesla will begin mass production in March, and Tesla cars with the blade batteries are expected to hit the market in the…
Sinopec invests in Nio Capital’s portfolio company that produces carbon fiber materials
Sinopec has acquired a 49.9 percent stake in Feize, whose core business is the manufacture of lightweight carbon fiber composites.
Jidu closes nearly $400 million Series A funding as Baidu ramps up its EV push
The funding round, from Baidu and its strategic partner Geely, will help JiDU accelerate the development and mass production of its first robot car.
Nio-backed chip maker Black Sesame partners with self-driving tech provider MAXIEYE to create smart driving solutions
The two companies will release product solutions for a next-generation, high-level smart driving platform in 2022, covering both high-speed…