Category: Deals

Stellantis to acquire 20% stake in Leapmotor with €1.5 billion investment, to form JV for international markets

Stellantis will form a joint venture with Leapmotor, Leapmotor International, which will begin export operations in the second half of 2024.

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Chinese autonomous driving startup Pony confirms $100 million investment from Saudi Arabia

Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region.

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Great Wall-backed Svolt Energy gets order to supply batteries worth over $10 billion to BMW, report says

BMW will leave the remaining order of about 70 GWh of its 160 GWh battery needs to be shared between CATL and Eve Energy, according to local media.

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