# BASF Coatings and NIO sign strategic partnership LoI

BASF Coatings and NIO signed a Letter of Intent to establish a strategic partnership in automotive coatings, focusing on body coatings for NIO's electric vehicles.

- Type: Partnership
- Announced: 2025-03-11
- Status: announced
- Products: automotive coatings
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BASF](https://endata.com/companies/298.md)
- [NIO](https://endata.com/companies/22544.md) (partner)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/ev/basf-nio-sign-loi-for-strategic-partnership-in-automotive-coatings-field-70036154), 2025-03-11: "Today's agreement builds on a decade of successful cooperation."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.