NIO renews joint manufacturing arrangements for EVs

NIO renews joint manufacturing arrangements for EVs

JAC will expand its annual production capacity in order to meet the demand for NIO vehicles.

NIO Inc., a manufacturer of smart electric vehicles in China, has entered into manufacturing agreements with Jianghuai Automobile Group Co. Ltd.( JAC), and Jianglai Advanced Manufacturing Technology (Anhui), Jianglai, regarding the joint manufacturing of NIO vehicles and related fee arrangements.

JAC is a major state-owned automobile manufacturer in China that currently manufactures the NIO vehicles in delivery, including the ES8, ES6 and EC6, in the Hefei JAC-NIO manufacturing plant designed and constructed for NIO vehicles. Jianglai is a joint venture for operation management established by JAC and NIO where NIO holds 49% equity interests.

Pursuant to the joint manufacturing arrangement, from May 2021 to May 2024, JAC will continue to manufacture the ES8, ES6, EC6, ET7 and potentially other NIO models in the pipeline. In addition, JAC will expand its annual production capacity to 240,000 units (calculated based on 4,000 work hours per year) in order to meet the demand for NIO vehicles. NIO will be in charge of vehicle development and engineering, supply chain management, manufacturing techniques, and quality management and assurance. Jianglai will be responsible for parts assembly and operation management.

You May Also Like

Eaton changes name of its vehicle group & eMobility businesses

Eaton said its newly formed Mobility Group will help meet the evolving needs of both its ICE and EV customers.

eaton-emobility

Eaton created a new name for its vehicle group and eMobility businesses: Eaton’s Mobility Group. This sector represents the company’s focus on providing solutions across the propulsion spectrum and meeting the evolving needs of its customers from internal combustion to electrified or a combination of both, the company said.

New CATL LFP battery can add 248 miles of range in 10 minutes

CATL unveils Shenxing LFP battery with 4C superfast charge, 700 km range, innovative cathode, and electrolyte technologies.

CATL Fast charge
Volvo Trucks launches turnkey EV infrastructure program

The program covers charging infrastructure, hardware, software, installation, utility interactions and maintenance.

Volvo EV infrastructure
Autel Adds EV Diagnostics and Maintenance to On-Site Classes

EV training will include classroom and hands-on instruction on servicing electric vehicles’ key components.

autel-academy-ev-training
VinFast Auto and Black Spade complete business merger

Black Spade’s shareholders voted to approve the transaction on Aug. 10.

BorgWarner-Santroll-eMotor-Handshake

Other Posts

World record driver shows off what’s possible in an EV

Multiple-time Guinness World Record holder Rainer Zietlow delves into the challenges of long-distance and extreme-temperature EV driving.

Amped-hankook-1400
Volvo Trucks, Danfoss collaborate to deploy 24-hour electric trucks

One of the Volvo trucks will operate 24 hours a day, five days per week, without significant charging downtime.

Volvo-Danfoss-partnership
The Electric Circuit rolls out power-sharing fast chargers

A total of 500 kW of power is distributed among up to three connected vehicles based on their respective charging capacities.

The_Electric_Circuit
NaaS collaborates with Hyundai to expand EV charging in China

The partnership enables charging services, allowing owners to check charging status via a mobile app or center console.

NaaS-Hyundai