CDG plans to invest 300 million euros ($280 million) in the first phase of Gotion's Moroccan project and support its operations.
For details, please visit CnEVPost.
Category: Deals
Chinese autonomous driving startup DeepRoute secures $100 million in Series C1 funding
DeepRoute secured $100 million in Series C1 funding from Great Wall Motor, after becoming a supplier of smart driving solutions to the automaker in March.
For details, please visit CnEVPost.
Chinese sodium battery maker Zoolnasm says it becomes supplier to one global auto parts firm
The program will last for four years, with a total lifecycle purchase value of about RMB 200 million ($28.1 million).
For details, please visit CnEVPost.
Nio’s Middle East backer CYVN to buy sports car maker McLaren’s auto business
CYVN reached a non-binding agreement to acquire 100 percent of McLaren's automotive business from Bahrain's sovereign wealth fund Mumtalakat.
For details, please visit CnEVPost.
Chinese autonomous driving startup Pony AI opens European R&D center in Luxembourg
Pony AI has also entered into a partnership with Luxembourg-based mobility company Emile Weber, with the two working together to promote the development and deployment of autonomous vehicles and technologies.
For details, please visit CnEVPost.
Nio signs deal to add 100 swap stations in central China’s Hubei province
As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.
For details, please visit CnEVPost.
BYD partners with ‘Black Myth: Wukong’ producer in increased marketing efforts
BYD has entered into a global strategic partnership with Game Science to become the exclusive automotive brand partner of the hit Chinese video game Black Myth: Wukong.
For details, please visit CnEVPost.
Nio partners with UAE telecoms group e& on connectivity and EV solutions
Nio has entered into a partnership with UAE telecoms group e&, paving the way for the planned launch of its models in the Middle Eastern country in the fourth quarter.
For details, please visit CnEVPost.
Nio partners with UK firm Monolith for real-time AI battery testing
Nio is working with UK artificial intelligence software startup Monolith to test and improve battery packs in real time, with testing to begin soon in five European markets.
For details, please visit CnEVPost.
Deutsche Bank gives positive read on Nio China’s new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
For details, please visit CnEVPost.
