NIO renews contracts with Jianghuai Automobile and Jianglai Advanced Manufacturing Technology

  • NIO (NYSE:NIO) has entered into manufacturing contracts with Jianghuai Automobile Group (JAC) and Jianglai Advanced Manufacturing Technology ((Jianglai)) regarding the joint manufacturing of NIO vehicles and related fee arrangements.
  • As per the new terms, from May 2021 to May 2024, JAC will continue to manufacture the ES8, ES6, EC6, ET7, and probably other NIO models in the pipeline.
  • In addition, JAC will expand its annual production capacity to 240,000 units.
  • NIO will be in charge of vehicle development and engineering, supply chain management, manufacturing techniques, and quality management and assurance.
  • Jianglai will be liable for parts assembly and operation management.

    • Other stock news
    NIO to increase its stake in NIO China
    NIO Inc. Provides April 2021 Delivery Update
    NIO Inc. to Hold Extraordinary General Meeting on June 3, 2021
    NIO Inc. Reports Unaudited First Quarter 2021 Financial Results
    NIO Inc. to Report First Quarter 2021 Financial Results on Thursday, April 29, 2021
    NIO Inc. Provides March and First Quarter 2021 Delivery Update
    NIO Inc. Announces Temporary Suspension of Production for Five Working Days
    Sector news
    Tesla net onder de 500.000 cars per year
    Analysts expect over 2024 revenue increase Volkswagen, quite high dividend
    Analysts anticipate for 2024 on revenue increase Ferrari
    Stock Volkswagen goes ahead in Germany in terms of dividend yields
    Analysts expect over 2023 decreasing revenue SAF-Holland, high dividend yield
    Analysts expect over 2023 revenue decrease Volkswagen, relatively high dividend
    Analysts anticipate a super year for Ford Motor
    National news
    Analysts: less sales 3M
    Analysts estimate for 2024 rising sales Amphenol
    Analysts count on revenue increase Travelers
    Analysts anticipate for 2024 on revenue increase Kinder Morgan, high dividend yield
    Currently quite high dividend Citigroup
    Analysts foresee more revenue Kinder Morgan, quite high dividend
    Analysts expect over 2024 revenue increase JP Morgan Chase
    Press news
    Test News sync EN
    Test News sync
    Test News
    Edison International Announcement: If You Have Suffered Losses in Edison International (NYSE: EIX), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
    ROSEN, TRUSTED INVESTOR COUNSEL, Encourages FTAI Aviation Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - FTAI
    ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Nextracker, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NXT
    Unisys Corporation Announcement: If You Have Suffered Losses in Unisys Corporation (NYSE: UIS), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
    Logoanalist
    Returns European stocks
    Crypto currencies information
    About us Network Partners
    Fpgroup.nlinfo@analist.nlRSS feedContactIntellectual Property Photos Analist.nlLinksISIN
  • Glossary
    		• MorningstarPrudena.comAAII.comNASDAQvwd GroupEuronextBATS Chi-xBats
    ©2025 ValueSpectrum. All Rights Reserved
    Developed and maintained by  Velainn logo