Nio May Acquire Assets JAC Plans to Sell and Seek Its Own EV Production Qualification, Report Says

8
Comment
Favorite

Nio May Acquire Assets JAC Plans to Sell and Seek Its Own EV Production Qualification, Report Says

CnEVPost2023-10-20

JAC plans to transfer the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.Anhui Jianghuai Automobile...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

No comments yet

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1111375102?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-10-20 10:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1111375102","market":"us","top_or_hot":-1,"title":"Nio May Acquire Assets JAC Plans to Sell and Seek Its Own EV Production Qualification, Report Says","media":"CnEVPost","content":"<div>\n<p>JAC plans to transfer the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.Anhui Jianghuai Automobile...</p>\n\n<a href=\"https://cnevpost.com/2023/10/20/nio-may-acquire-assets-jac-plans-to-sell-report/\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio May Acquire Assets JAC Plans to Sell and Seek Its Own EV Production Qualification, Report Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio May Acquire Assets JAC Plans to Sell and Seek Its Own EV Production Qualification, Report Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-20 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2023/10/20/nio-may-acquire-assets-jac-plans-to-sell-report/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JAC plans to transfer the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.Anhui Jianghuai Automobile...</p>\n\n<a href=\"https://cnevpost.com/2023/10/20/nio-may-acquire-assets-jac-plans-to-sell-report/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09866","symbol_name":"蔚来-SW","start_time":0,"source_url":"https://cnevpost.com/2023/10/20/nio-may-acquire-assets-jac-plans-to-sell-report/","article_id":"1111375102","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1111375102","pubTimestamp":1697768775,"sourceInfo":null,"weMediaInfo":null,"summary":"JAC plans to transfer the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.Anhui Jianghuai Automobile","collect":0,"end_time":0,"defaultTopTitle":"cnevpost.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"09866":"蔚来-SW","NIO.SI":"蔚来","NIO":"蔚来"},"translate_title":"报告称，蔚来可能收购JAC计划出售的资产，并寻求自己的电动汽车生产资格","themeId":"fa15f917602042188480c98c024dba5b","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09866":1.1,"NIO":1.1,"NIO.SI":1.1},"content_text":"JAC plans to transfer the assets of two factories that make vehicles for Nio, which the latter may acquire and seek independent EV production qualification, local media said.Anhui Jianghuai Automobile Group (JAC) plans to transfer the assets of its multi-billion RMB factories, with Nio saying the move by its vehicle production partner will not affect its operations.(Image credit: CnEVPost)Meantime, local media are reporting that Nio may buy the assets to qualify for independent electric vehicle (EV) production.In an announcement last night, JAC said it plans to transfer the plants as well as construction-in-progress assets, which have a net book value of 4.2 billion yuan ($570 million), in a move that won't involve changes in staffing arrangements.JAC's announcement didn't mention Nio, but local media outlet National Business Daily said in a report today that the plans are two factories that JAC has partnered with Nio – Nio F1 and F2 plants.Nio confirmed the information in a response to the media outlet and said it would not affect its production and operations.\"The company is aware of the information from its partner and confirms that the move will not affect the company's next production and operational activities,\" Nio said.The company will communicate when appropriate and will not comment on the matter until then, Nio said, according to National Business Daily.A person familiar with the matter said Nio may acquire the assets that JAC plans to transfer and further pursue independent automobile production qualifications, according to the report.\"If Nio can obtain independent production qualification as a result, it will be a major positive thing for it, which will benefit the company's long-term operation and efficiency,\" the person said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":8,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}