JAC stated that the cooperation with NIO will continue to deepen, with a shift in focus from traditional OEM business to other strategic areas such as jointly building battery swapping service networks.
On November 28th, Richard Yu, CEO of Huawei Consumer BG, stated that Huawei has extended invitations to Seres, Chery, JAC Motors, and BAIC, and hopes that FAW Group will also join.
JAC Motors, a Chinese automobile and commercial vehicle manufacturer, announced on December 22 that it plans to acquire some of the project assets (including equipment and tooling assets) held by a subsidiary of NIO in China's Anhui Province.
