BASF: future partnership with NIO in automotive coatings
(CercleFinance.com) - BASF Coatings announces the signing of a letter of intent with NIO, dubbed a pioneer in the global market for intelligent electric vehicles, with the aim of establishing a strategic partnership to strengthen cooperation in the automotive coatings sector.
This collaboration marks an important step towards the realization of a long-term relationship focused on automotive exterior coatings for NIO's electric vehicles.
The agreement sets the framework for ongoing discussions between the two companies, facilitating annual strategic dialogues to negotiate the implementation of this partnership.
Together, we will continue to explore innovative technologies and help NIO achieve its sustainability and future goals, announced Uta Holzenkamp, President of BASF Coatings.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
This collaboration marks an important step towards the realization of a long-term relationship focused on automotive exterior coatings for NIO's electric vehicles.
The agreement sets the framework for ongoing discussions between the two companies, facilitating annual strategic dialogues to negotiate the implementation of this partnership.
Together, we will continue to explore innovative technologies and help NIO achieve its sustainability and future goals, announced Uta Holzenkamp, President of BASF Coatings.
Copyright (c) 2025 CercleFinance.com. All rights reserved.