Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake.
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The two parties are exploring the possibility of forming a joint venture to further support Stellantis' electrification strategy.
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Gotion will support Pod Point with energy storage systems and battery cells based on its lithium iron phosphate battery product development, design and manufacturing capabilities.
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Saudi PIF could invest at least $250 million in Human Horizons at a valuation of $3 billion, and a deal could be reached as early as this year, according to Bloomberg.
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At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors.
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At the current stage, Baolong and Nio will cooperate on products including air springs, wheel speed sensors, and optical rain sensors.
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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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As part of the deal, Leapmotor and Stellantis are also discussing a joint venture, according to Bloomberg.
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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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Pony.ai will set up a joint venture in Saudi Arabia and establish a manufacturing and R&D center, according to local media.
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