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Nio

Nio increases stake in its joint venture with JAC to 50%

The move means Nio's stake in Jianglai, which has car manufacturing credentials, is the same as JAC's, and may mean it has a greater say in the plants the two jointly built.
Phate Zhang
2
Nio

Nio's JV with JAC has been officially established with registered capital of about $76 million

JAC would contribute RMB 255 million yuan, accounting for 51% of the total registered capital; Nio would contribute RMB 245 million yuan, accounting for 49%, JAC said previously.
Phate Zhang
0
Nio

Nio, JAC sign agreement to establish joint venture as planned

Nio and JAC Motors signed an agreement on March 27 to establish the Jianglai Advanced Manufacturing Technology (Anhui) Co as planned.
Phate Zhang
0

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    Nio

    Nio, JAC to establish joint venture with Nio holding 49% of shares

    The company plans to have a registered capital of 500 million yuan ($77 million ), with JAC contributing 51 percent and Nio 49 percent.
    Phate Zhang
    0