On August 18, CATL and FAW Jiefang, the truck manufacturing company of FAW Group, signed a strategic cooperation framework agreement to build a joint venture dedicated to new energy commercial vehicle ("CV") sales and operations.

Jiangxi Ganfeng Lithium Co., Ltd., one of the world's top producers of battery-grade lithium, announced on August 19 that it had signed an agreement with GAC AION to form a long-term strategic partnership on the development of battery raw materials.