On January 17, NIO and CATL signed a comprehensive strategic cooperation agreement. NIO Senior Vice President Zeng Shuxiang and CATL Executive President Zhu Wei signed the agreement on behalf of the two parties. Li Bin, founder, chairman, and CEO of Weilai, and Zeng Yuqun, founder, chairman, and CEO of CATL, attended the witness.
The signing of this comprehensive strategic cooperation agreement is another deepening and upgrading of the strategic cooperation relationship between the two parties, involving technical cooperation in new brands, new projects, and new markets, linkage between supply and demand, overseas business expansion, and business models based on long-life batteries cooperation and other fields.
NIO and CATL will build an efficient and coordinated battery supply system on the basis of giving full play to their respective resource advantages, help improve the efficiency of NIO’s supply chain, support overseas business expansion, and continue to enhance product competitiveness by introducing more new technologies , to create a pleasant lifestyle for users.