Home » China’s Jianghuai Automobile claims that it has not negotiated with Xiaomi to build a car, and related reports are untrue | Reuters

China’s Jianghuai Automobile claims that it has not negotiated with Xiaomi to build a car, and related reports are untrue | Reuters

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Reuters, Shanghai, July 30-China Anhui Jianghuai Automobile Group Co., Ltd.600418.SSA clarification announcement was issued on Thursday evening, stating that, as of now, the company has not cooperated with Xiaomi1810.HKNegotiations have been made on the cooperation in car manufacturing, and no intention to cooperate in car manufacturing has been reached. The relevant reports are not true.

The announcement pointed out that in the near future, some media have successively reported that “Xiaomi Motors is expected to settle in Hefei, and Jianghuai may make OEMs for them.” According to the company’s verification, the content of the report that Jianghuai or OEM for Xiaomi is not true.

Jianghuai Automobile and Weilai AutomobileNIO.NIn May of this year, it announced the signing of a renewal agreement on cooperative production matters. NIO said that after the agreement is signed, JAC will continue to produce ES8, ES6, EC6, ET7 and other newly developed NIO models from May 2021 to May 2024.

JAC Motors closed at 18.73 yuan on Thursday, a surge of 120.35% in the past three months; Xiaomi Group1810.HKIt closed at HK$25.90 on Thursday, a slight decrease of 0.79% in the past three months. (Finish)

Bidding at press time; reviewing Yang Shuzhen

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