BASF Coatings and NIO agree on partnership for automotive coatings

BASF Coatings, a world leader in innovative coating solutions, and NIO, a pioneer in the global smart electric vehicle market, have announced the signing of a Memorandum of Understanding aimed at establishing a strategic partnership to enhance collaboration in the automotive coatings sector. This cooperation represents a significant step towards a long-term and mutually beneficial partnership focused on exterior coatings for NIO's electric vehicles. The agreement sets the framework for ongoing discussions as well as annual strategic dialogs to further implement this partnership between the two companies. Both parties agree to promote collaboration platforms that include market development, customer development, project management and information sharing.

Automotive coatings and services from BASF Coatings for NIO

As part of the strategic cooperation, BASF Coatings intends to provide NIO with a comprehensive range of products tailored to specific technical requirements. In addition, further services such as color design, color development, digital solutions, sustainability initiatives, workshops and technical support will be offered. "Today's signing of the strategic partnership builds on ten years of successful collaboration. NIO has established a leading position for electric vehicles through advanced technology and a clear brand identity. Together, we will continue to explore innovative technologies and support NIO in achieving its sustainability goals and future milestones," said Uta Holzenkamp, President BASF Coatings.

BASF Coatings as NIO's strategic partner for automotive coatings

NIO appoints BASF Coatings as its strategic partner for automotive coatings and emphasizes the importance of this collaboration to achieve common goals. Both companies will work together on the development and application of new coating materials and technologies on a global scale, making them sustainable and CO2 neutral. The partnership represents a significant milestone in the automotive industry as BASF Coatings and NIO look to enhance their collaboration through innovation and strategic alignment. Both companies look forward to the opportunities that lie ahead to jointly shape the future of coatings for electric vehicles.