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Autoliv and Xpeng are teaming up on mobility solutions and system-level safety co-development in smart EVs.
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China’s Light Vehicle (LV) market totalled 1.7 million units in May.
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The Japanese automaker will supply only ICE and hybrid models in the US from next year.
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The measures would span industrial, innovation and environmental projects, as well as financing schemes and other associated forms of assistance.
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Funds led by Arini Capital Management, BlackRock and Sculptor Capital Management engaged the investment bank over fears that Aston Martin will pursue a debt deal leaving them more vulnerable to potential losses.
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The partners named are Qualcomm, Visteon, Harman, Joynext, Denso, Astemo and Hyundai Mobis, each described as a major supplier of technology underpinning the automotive ecosystem.
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The service targets a longstanding difficulty facing Japanese auto parts makers without a presence in Mexico or Canada.
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Google Gemini also available as a seamless upgrade.
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Spain was selected for the pilot because of renewable fuel availability, the participation of the project partners and operational support from Toyota España.
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The new, refined Elgrand is powered by Nissan’s latest e-Power hybrid system.
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