Zhejiang EV-Tech
Nio, EV-Tech sign deal on parts for high-voltage system
Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio's STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio's second brand expected to begin in 2025.
Nio Capital-backed EV parts maker gets investment from Xiaomi
This is not the first time Xiaomi has invested in a Nio-backed company.