Lates News

On July 14, NIO made an appearance on Changxin Technology's IPO strategic investment list, committing to a subscription amount of 1.58 billion RMB with a lock-up period of 18 months. The disclosed information shows that NIO is a cornerstone strategic partner of Changxin Technology's DRAM, and the two sides will collaborate on the strategic development of existing car-grade LPDDR4X and LPDDR5X products. NIO's founder and chairman, William Li, responded today, stating that the current cooperation is proceeding smoothly and that the collaboration with Changxin Technology will help stabilize NIO's supply chain stability. (Yicai)