NIO and Midea Group signed a strategic cooperation agreement to cooperate in the field of automotive parts and new technology research and development

NIO and Midea Group signed a strategic cooperation agreement on April 10. According to the agreement, the two parties will strengthen cooperation in the field of automotive parts and new technology research and development, and jointly develop products including air-conditioning compressors, electric drives, thermal management integration, car refrigerators, etc. In addition, the two parties will also cooperate in the fields of industrial robots, automotive and general industrial automation solutions, motion control overall solutions, digital management systems, smart logistics, etc.