News Formal

Exclusive-China's Nio explores investment, tech alliances with Mercedes

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 66%

日本 ニュース ニュース

SHANGHAI : Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.Nio's founder and chief executive William Li discussed the potential

SHANGHAI : Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.

One of the sources said Nio approached Mercedes with the tie-up proposal, but cautioned that it was facing resistance within the German company which discussed it internally in recent weeks, and that it was highly likely it would not proceed.Nio, when contacted, denied it talked to Mercedes on a collaboration, calling it"untrue", without elaborating. Mercedes said in a separate response that there were no collaboration plans with Nio at the moment.

For their part, many of the incumbents are scrambling to reposition themselves to catch up with Tesla and Chinese companies as EV adoption scales up rapidly in markets globally. By seeking tie-ups and investment from established automakers, China's EV startups are following a playbook from Tesla at a time when the EV industry leader was struggling to ramp up production. Elon Musk has credited a $50 million investment from the Mercedes group with saving Tesla in 2009.

"Rather than spending so much money and time on your own, isn't it better to seek win-win via partnerships with EV startups?" he added.The resistance being felt at Mercedes, however, reflects friction still at play in the adjustment to the EV shift.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Exclusive-HSBC to acquire Citigroup China consumer wealth business -sourcesHONG KONG : HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a major boost to the London-based bank's business in that country.The transaction, the financial details of which were n
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »