Tag: Investment
BYD reportedly sets up new R&D team to ramp up AI investment
BYD has recently established an advanced technology research and development center dedicated to artificial intelligence (AI) and large…
Hyundai and BAIC bolster China JV with $1.1bn investment
Hyundai and BAIC, the Chinese partner of the Korean automotive company Hyundai, have made a strategic decision to…
Nio opens Abu Dhabi center, driving MENA expansion with $33B investment
Nio, a leading electric vehicle (EV) brand, made a significant move on November 28 by opening its first…
NIO claims 3.3-billion-yuan investment in NIO China from strategic investors
NIO Inc. Secures Strategic Investments in NIO China NIO Inc. recently announced that it has finalized agreements for…
CATL US plant investment
Chinese battery giant CATL has indicated its interest in building a manufacturing plant in the US if President-elect…
Gotion’s battery project in Morocco gets $280 million investment from local firm CDG
Chinese battery giant Gotion High-tech, backed by Volkswagen, has received a significant investment of 300 million euros ($280…
Foxconn Strengthens Solid-State Battery Investment, Eyes Two-Wheeler Market as Testing Ground, Says TrendForce
Foxconn Enters Solid-State Battery Market with Focus on Two-Wheeler Industry Foxconn, a subsidiary of Hon Hai, has recently…
China asks automakers to pause investment in EU countries that support EV tariffs, report says
Chinese automakers, including BYD, SAIC, and Geely, were instructed to halt their plans for heavy-asset investments such as…
Gasgoo Daily: NIO Power partners with Shouyi Scientific Innovation Investment Group to expand charging network
Gasgoo Daily: NIO Power Collaborates with Shouyi Scientific Innovation Investment Group to Expand Charging Network NIO Power has…