Business partnership

Panda New Energy

In December 2015, we signed a strategic collaboration agreement with Panda New Energy to deliver mobility services to customers in China. By 2020, we will deliver 150,000 electric vehicles and another 100,000 electrical transportation vehicles and minibuses to Panda, a new energy vehicle leasing company providing low emission vehicles to the growing market of car service platforms, such as Uber and Didi in China.

Business partnership

State Grid Electric Vehicle Service

In March 2016, we signed a strategic cooperation framework agreement with State Grid Electric Vehicle Service Co. Ltd – part of one of the world’s largest utility companies, ranked #7 on the Fortune Global 500. Under the commitment, we will deliver electric vehicles, electric transport vehicles and mobility services to State Grid, and leverage State Grid’s knowledge in smart grid and charging solutions.

Institutional partnership

TÜBİTAK

In June 2015, NEVS began a collaboration with the Scientific and Technological Research Council of Turkey to develop the Turkish National Electric Car. In the long-term, the partnership means creating industrial synergies in development and manufacturing, and in the short-term, NEVS will provide IP and support during the development process – from the design of vehicles, products and services to production facility set-up and go-to-market capability.

Institutional partnership

Volinco

In January 2016, we signed a partnership with Volinco, also known as Huateng in China. Volinco is part of the China Aerospace Science and Technology Corporation, and our cooperation includes delivering 20,000 electric vehicles and access to Volinco’s supplier base. It also covers joint cooperation to develop components for future NEVS electric vehicles.

TECHNICAL COOPERATION

Dongfeng Motors

In August 2015, we signed a cooperation agreement with Chinese state-owned, Dongfeng Motors – one of the world’s largest vehicle manufacturers. Since then, work has begun on complete vehicle development to enhance Dongfeng’s technical strength and improve NEVS’ own development capability.

Strategic partnership

Renesas Electronics Corporation

In November 2015, we joined forces with Renesas Electronics Corporation, the world’s largest automotive semiconductor manufacturer based in Tokyo, to develop various systems solutions. The agreement covers using the NEVS Phoenix platform architecture technology for developing electric vehicles and Renesas’ technologies in new energy vehicles.