Does NIO Belong to Jianghuai Group?
2 Answers
NIO does not belong to Jianghuai Group. Jianghuai is the contract manufacturer for NIO, meaning it uses Jianghuai's production lines to manufacture NIO vehicles. NIO is a smart electric vehicle brand, and its main products include the NIO ES6, NIO ES8, NIO EVE, NIO EP9, and NIO EC6. NIO is committed to creating a joyful lifestyle for users by providing high-performance smart electric vehicles and an exceptional user experience. Taking the NIO ES6 as an example: the NIO ES6 is classified as a midsize SUV, equipped with a pure electric 435-horsepower motor, and features a 5-door, 5-seat SUV body type. The NIO ES6 has a length, width, and height of 4850mm, 1965mm, and 1758mm respectively, with a wheelbase of 2900mm.
As someone who has been following the electric vehicle industry for a long time, I'd like to share my understanding of the relationship between NIO and Jianghuai Automobile Group (JAC). In fact, NIO is not owned by JAC Group; they have a cooperative partnership, not a parent-subsidiary relationship. Simply put, NIO is an independent company founded in 2014, focusing on premium electric vehicle brands. As a manufacturing partner, JAC built a dedicated factory in Hefei to produce NIO's models, such as the ES series. However, this doesn't mean NIO is a sub-brand of JAC—much like Apple's partnership with Foxconn, NIO handles design, R&D, and sales, while JAC only provides manufacturing services. NIO also collaborates with other companies, such as CATL for battery supply, which reinforces its independence. From industry discussions I've seen, this model allowed NIO to launch quickly by saving the cost and time of building its own factories, but core ownership remains with NIO's own team and shareholders. When buying a car, don't be misled—they are separate entities.