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Horizon Robotics and the German automotive parts manufacturer Continental AG recently signed a memorandum of understanding (MoU) to carry out in-depth cooperation in high-level ADAS and driving automation.
Sep. 30 , 2020On September 25, 2020, NIO Inc. (“NIO” or the “Company”), through its wholly owned subsidiary, signed an agreement to subscribe for the newly increased capital of NIO (Anhui) Holding Co., Ltd. at a subscription price of $600 million.
Sep. 30 , 2020SVOLT Energy Technology Co., Ltd. ("SVOLT"), a leading EV battery manufacturer carved out of Great Wall Motor, unveiled four cobalt-free batteries at the Auto China 2020.
Sep. 30 , 2020CATL-FAW Power Battery Co.,Ltd. (called “CATL-FAW” for short), a joint venture between the Chinese power battery giant CATL and automaker FAW Group, has been put into operation on September 28, according to a posting via CATL’s WeChat account.
Sep. 29 , 2020The Ministry of Industry and Trade of the Russian Federation signed on September 25 a special investment contract (SPIC) with Haval Russia Automotive Manufacturing Co., Ltd.—a subsidiary of the Chinese carmaker Great Wall Motor.
Sep. 29 , 2020Pursuing a strategy of electrification and digitization, the Group will electrify China on a grand scale, producing a total of 15 different NEV models locally by 2025, with 35% of the product portfolio in China made up of fully-electric models.
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