$NIO Inc (NIO.US)$
Nio announced it signed a strategic cooperation agreement with Chery and JAC in the field of battery swap stations. Last year, Nio signed similar contracts with Geely and Changan. These companies will establish standards for swappable batteries and develop the battery swap business. Nio also cooperated with Wenergy Group and Anhui Transportation Holding Group (ATHG) to build 1,000 PSS (Power Swap Stations).
Nio and Ch...

$NIO Inc (NIO.US)$
Nio's vehicle manufacturing partner JAC announced last week that it plans to sell the assets of two factories that produce vehicles for the electric vehicle (EV) carmaker.
Subsequent reports suggested that Nio could acquire those assets and move from contract manufacturing to independent production for greater self-reliance.
These developments have left many wanting to know the details of Nio's partnership with JAC, and CnEVPost has...

$NIO Inc (NIO.US)$
The Chinese auto maker, JAC Motor, announced it will sell part of its factory assets for 4.498 billion yuan (614 million USD). The two factories refer to JAC-Nio factory and Nio factory, also known as F1 and F2 production facilities.
The company knows about the statement. The JAC's decision will not affect Nio's business and production activities. Nio will comment on the matter at the appropriate time. Bef...