JD.com (NASDAQ:JD) announced plans to unveil a new vehicle developed in partnership with Contemporary Amperex Technology Co. Limited (CATL) and GAC Group, according to a company statement posted on Weibo.
Public test drives are set to begin at the end of October, with the official launch slated for November 9.
A JD spokesperson emphasized that the company will not be directly involved in vehicle production. Instead, JD will contribute its consumer insight capabilities and serve as the exclusive sales platform for the new model.
The collaboration combines JD’s strength in e-commerce with CATL’s battery technology and GAC’s automotive manufacturing expertise, aiming to bring a competitive new offering to China’s electric vehicle market.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.