GAC Group and Nezha Auto Sign a Ten-Year Comprehensive Strategic Cooperation Agreement

GAC Group and Nezha Auto have signed a comprehensive strategic cooperation agreement for a period of 10 years. According to the agreement, Nezha Auto will choose GAC Group as its preferred partner for automotive power batteries, and GAC Group will provide Nezha Auto with market-competitive power battery products and service guarantees. In addition, the two parties will also carry out in-depth cooperation in the fields of zero carbon, CIIC integrated intelligent chassis, battery replacement, V2G (Vehicle to grid), battery recycling, and domestic and foreign market development.