Nio and Wencan sign five-year strategic cooperation framework agreement

Nio and die-casting parts supplier Wencan Group signed a five-year strategic cooperation framework agreement on March 26, 2023. The partnership covers supply, low carbon, digitalization, and globalization, with Wencan aiming to supply products near Nio's Hefei plants by 2025.

“Wencan aims to supply products from near Nio's plants by 2025, and the two companies will work together to arrange capacity expansion plans.”cnevpost.com

• 1 source
• cnevpost.comNio signs deal with die-casting parts supplier WencanMar 26, 2023

Summarized from public sources; check the original articles before acting on it.