Further Reading: Nio, Xpeng, Li Auto build their moats through external investments
Nio has invested in about 40 companies in 5 years, and Xpeng and Li Auto have also made outbound investments to build deeper moats.
CATL signs strategic partnership deal with Neta, to participate in latter’s Series D2 financing
This is the latest move by CATL to take a stake in an EV maker.
Changan’s premium EV brand to get capital injection, Nio’s stake to be diluted to just 1%
The move represents a further exit for Nio from its joint venture with Changan after it cut its stake in the company to 4.62 percent late last year.
US EV startup Fisker signs battery supply deal with China’s CATL
CATL will supply Fisker with more than 5 GWh of capacity annually from 2023-2025.
Tesla inks three-year deal with world’s largest lithium supplier
Founded in 2000, Ganfeng Lithium has production capacity for more than 40 lithium compounds and lithium metal products.
Tesla, Nio supplier CATL signs deal to license CTP technology to Hyundai Motor’s parts affiliate
Nio's 75-kWh hybrid battery pack unveiled last month uses CATL's next-generation CTP technology to simplify manufacturing and assembly by 10 percent.
BYD reportedly has secured 10 GWh of LFP battery orders from Tesla
Tesla said it is switching to LFP batteries for standard range vehicles globally, and BYD, which already has a factory in the US, has a better…
US EV maker ELMS signs deal to get battery supplies from China’s CATL
CATL will supply ELMS with 42-kWh of lithium iron phosphate batteries using cell-to-pack (CTP) technology similar to that used in Nio's battery packs.
Nio Capital invests in local energy storage system integrator
Nio Capital said the energy storage industry is exploding and is bullish on Hyper Strong's extensive experience as a provider of energy…
Nio invests in CAAM affiliate with 10% stake
The CAAM launched its blockchain-based Vehicle Data Blockchain Platform in late June, and the company is likely to be the operating entity for…