CYVN reached a non-binding agreement to acquire 100 percent of McLaren's automotive business from Bahrain's sovereign wealth fund Mumtalakat.
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Category: Deals
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.
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As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.
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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.
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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.
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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.
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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.
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Uber will start offering WeRide's robotaxis first in Abu Dhabi by the end of this year. The partnership does not involve the US and Chinese markets.
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Nio and Sinopec have entered into a charging services partnership agreement, after jointly building 279 charging and battery swap stations over the past three years.
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Xpeng has appointed Pioneer Motors as its exclusive distributor in Qatar, where the G6, G9, and P7 are expected to be launched by the end of 2024.
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