NIO, Baosteel Announce Strategic Partnership_老虎社区_美港股上老虎

NIO, Baosteel Announce Strategic Partnership

Seeking Alpha2022-01-12

NIO and Chinese steel producer Baoshan Iron & Steel (Baosteel)announce a strategic partnership to collaborate in areas including products and supply chain.
Baosteel chairman Zou Jixin said the two companies will strengthen cooperation in green, low-carbon areas.
"NIO needs a global partner like Baosteel to work hand-in-hand on products, supply chain, technology innovation, new material applications and zero-carbon pathways," said NIO CEO William Li.
Zou said non-oriented silicon steel and automotive plates are products in which Baosteel has an advantage, while QCDDS is a core competency of its integrated material solutions.
The press release did not disclose more details.

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·2022-01-12
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