Li Auto and CATL will also collaborate to expand domestic and international operations, jointly advancing battery technology innovation and global deployment.
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Category: Deals
Huawei and BAIC will establish a dedicated Stelato business unit team operating under a "strategic alliance" approach.
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This marks Hesai's second LiDAR order announcement from a US company this month.
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Momenta will test Level 4 autonomous robotaxis with Uber in Munich, Germany, in 2026.
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Nio has confirmed for the first time that the company works with McLaren and has received technical service revenue from the automaker.
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FAW plans to acquire about 10 percent of Leapmotor's shares, becoming a strategic shareholder, according to a local media report.
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China CITIC Bank will grant Xpeng a credit facility of RMB 1 billion ($1.4 billion) to support the company's business operations and development.
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Grab will invest tens of millions of dollars in WeRide, with the transaction expected to close by the first half of 2026.
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Hesai did not disclose the name of the Toyota joint venture, but said that the automaker's models equipped with its ATX LiDAR will go into mass production in 2026.
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The jointly developed technology architecture will not only be integrated into Volkswagen's BEV platform, but also deployed on its gasoline and plug-in hybrid platforms in China.
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