Nio’s OEM JAC denies reports that it may produce EVs for Xiaomi
How smartphone giant Xiaomi will produce its cars has been the focus of attention recently. JAC Motors, Nio's OEM, has denied reports that it…
Nio’s OEM JAC expects to turn profitable in H1
JAC Motors expects to turn around to profit in the first half of the year, with net profit attributable to shareholders of the listed company…
Nio’s OEM JAC sold 11,653 EVs in June, up 165% from a year earlier
In June, JAC sold 41,111 units of all vehicles, down 0.7 percent from a year earlier.
Nio’s OEM JAC sold 9,113 electric passenger cars in May, up 132% year-on-year
JAC sold 9,113 all-electric passenger cars in May, up 131.81 percent year-on-year but down 12.41 percent from April.
Nio’s OEM JAC launches battery swap-enabled models for cab market
For the cab market, models that support battery swap are popular because they are more convenient to replenish energy. Now, JAC has launched…
Meet JAC: The OEM that built a world-class factory for Nio
Like many start-up stories, the company, founded 57 years ago, had humble beginnings.
Nio renews contract with JAC, annual capacity to be doubled to 240,000 units
JAC will expand its annual production capacity to 240,000 units in order to meet the growing demand for Nio vehicles, the company said in a statement.
Nio’s JV with JAC has been officially established with registered capital of about $76 million
JAC would contribute RMB 255 million yuan, accounting for 51% of the total registered capital; Nio would contribute RMB 245 million yuan,…
Nio, JAC sign agreement to establish joint venture as planned
Nio and JAC Motors signed an agreement on March 27 to establish the Jianglai Advanced Manufacturing Technology (Anhui) Co as planned.
This is why Nio is forming a joint venture with JAC
JAC announced Thursday that it will form a joint venture with Nio Holdings Ltd., sparking speculation that the latter is going into the mass…