Gotion’s chairman stated the battery maker will arrange a mission workforce to speak with Nio on applied sciences, and expects to see substantial outcomes from their cooperation quickly.
(Picture credit score: Gotion Excessive-tech)
Nio (NYSE: NIO) founder, chairman and CEO William Li and his workforce visited the headquarters of Gotion Excessive-tech (SHE: 002074) on March 23, based on a press launch from the latter right now.
Nio’s Li had an in-depth dialog with Gotion chairman Li Zhen about potential collaborations, together with the battery swap enterprise and platform opening, Gotion stated.
Nio and Gotion have two foremost similarities, together with a give attention to R&D funding and a technological edge, in addition to a worldwide perspective by concentrating on worldwide markets, Nio’s Li stated.
The 2 sides can discover extra cooperation in battery swap enterprise, full platform opening and different elements, he stated.
Gotion’s Li stated the corporate will arrange a mission workforce to speak with Nio on applied sciences based mostly on its technological, value and internationalization benefits.
Gotion’s chairman stated he expects the 2 firms to realize substantial ends in their cooperation as quickly as potential, and collectively promote the technological innovation and growth of the brand new power automobile (NEV) business.
Nio’s senior vice chairman for electrical drive and high-voltage methods, Zeng Shuxiang, Nio Energy senior vice chairman, Shen Fei, Gotion’s president of China enterprise, Wang Qisui, and Gotion’s director of engineering institute, Wang Qiang, participated within the dialogue, based on the press launch.
The temporary press launch stated nothing extra.
Gotion is headquartered in Hefei, Anhui province, which can also be house to Nio’s two factories.
The battery maker is likely one of the world’s largest, although it’s not at present a provider to Nio.
Nio’s present battery provider is CATL, and the EV maker has filed for batteries from smaller provider CALB for numerous fashions final yr, although they don’t seem to be but in service.
Nio can also be working with native startup Beijing WeLion New Vitality Know-how on semisolid battery packs with a 150-kWh capability, which is predicted to be operational within the second quarter.
Nio launches new 75-kWh battery pack utilizing solely LFP cells, anticipated to additional cut back prices