JD.com Teams Up for Electric Vehicle Launch with CATL and GAC

JD.com, Inc. (NASDAQ:JD) is one of the most undervalued Hong Kong stocks to buy, according to analysts. On October 14, JD.com, Inc. (NASDAQ:JD) announced a new electric vehicle collaboration with battery giant CATL and automaker GAC. Public test drives are set to begin at the end of October, with the official launch scheduled for November 9. While JD won’t manufacture the vehicle, it will offer consumer insights and exclusive sales channels to support the rollout.

The partnership combines JD’s e-commerce reach with CATL’s advanced battery systems and GAC’s automotive production expertise. This strategic alliance aims to tap into China’s growing EV market by leveraging each company’s core strengths.

JD.com, Inc. (NASDAQ:JD) is a Beijing-based tech and supply chain company operating through JD Retail, JD Logistics, and New Businesses. It is listed on both Nasdaq and the Hong Kong Stock Exchange, offering global investor access.

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Disclosure: None. This article is originally published at Insider Monkey.