Nio to explore collaboration, share technology R&D with Mercedes-Benz in exchange for investment

Chinese EV shaper Nio has entered into archetypal talks with Mercedes-Benz for the German shaper to put successful the Chinese steadfast successful speech for technology, Reuters has reported.

Sources told the quality ligament that Nio laminitis and CEO William Li had discussed a imaginable collaboration with Mercedes-Benz CEO Ola Källenius earlier this year, with Li seeking concern from the German carmaker successful speech for Nio to stock its probe and improvement capabilities. However, discussions did not advancement to screen details of the exertion progressive oregon the magnitude to beryllium perchance invested.

Nio had approached Mercedes-Benz with the proposal, nevertheless it faced absorption from wrong the German automaker which had held interior discussions connected the substance successful caller weeks, and the connection was improbable to proceed, Reuters quoted 1 of its sources arsenic saying.

The Chinese EV shaper nevertheless denied its contacting of Mercedes-Benz for imaginable collaborations, calling it ‘untrue’, portion Mercedes responded to the quality ligament separately saying that portion determination are presently nary collaboration plans with Nio, it said that “Ola Källenius is successful an ongoing regular dialog with assorted manufacture leaders and peers, including William Li.”

Beyond automobiles, the Chinese marque has branched retired into the user electronics segment. Earlier this week, Nio launched its archetypal smartphone arsenic a companion for its electrical vehicles, and the instrumentality runs connected the proprietary Sky UI and uses Nio Link to link seamlessly with Nio EVs.

In summation to acting arsenic a integer cardinal acknowledgment to its ultra-wideband chip, the Nio Phone includes an enactment fastener that allows owners to power implicit 30 car-specific features.

The station Nio to research collaboration, stock exertion R&D with Mercedes-Benz successful speech for investment appeared archetypal connected Paul Tan's Automotive News.