Baosteel, EV maker NIO sign strategic cooperation agreement

Leading Chinese steel producer Baoshan Iron & Steel (Baosteel) signed a strategic cooperation agreement with compatriot electric vehicle startup NIO on Monday January 10, according to a post on Baosteel’s WeChat social media account.

Baosteel will supply NIO with products such as non-oriented silicon steel, cold-rolled automotive steel sheet and aluminium materials, as well as rods and tubes. Their cooperation will also venture into fields...


Zihuan Pan

January 12, 2022

12:43 GMT