Nezha Auto and LK Group signed a cooperation agreement to jointly develop 20,000+ ton die-casting equipment

Nezha Auto announced a strategic partnership with Li Jin Group to jointly develop 20,000+ ton die-casting equipment, which will surpass Xiaopeng's 12,000-ton die-casting machine and Tesla and Wenjie's 9,000-ton die-casting machines. Nezha Auto will also purchase several large-scale intelligent die-casting equipment from Li Jin Group. In addition, the two parties will establish a joint venture and a die-casting demonstration manufacturing base in Anhui, and create the world's largest, industry-university-research integrated die-casting research institute, dedicated to providing users with lighter, longer-range, and higher-performance new energy vehicles.