The recently signed Memorandum of Understanding between BASF Coatings and electric vehicle manufacturer NIO sets the framework for ongoing discussions and annual strategic dialogs to further implement this partnership between the companies. Both companies have agreed to promote platforms for cooperation, including market and customer development, project management and information exchange.
Coatings and further support
Within this framework, BASF Coatings will supply the electric vehicle manufacturer NIO with products for specific technical requirements. The coatings specialist also offers other services, including color design, color development, digital solutions and technical support.
Supporting sustainability
"The signing of the strategic partnership builds on ten years of successful collaboration. NIO has established a leading position for electric vehicles through advanced technology and a clear brand identity. Together, we will continue to explore innovative technologies and support NIO in achieving its sustainability goals and future milestones," said Uta Holzenkamp, President BASF Coatings.