BASF Coatings and NIO have signed a Letter of Intent (LoI) to establish a strategic partnership focused on automotive exterior coatings for NIO’s electric vehicles. The agreement builds on a decade of collaboration between the companies and aims to enhance cooperation through joint development initiatives, technical support, and sustainability efforts.

The partnership framework includes annual strategic dialogues, facilitating discussions on market development, project management, and information exchange. BASF Coatings will provide NIO with a tailored portfolio of coatings solutions, including color design, digital solutions, workshops, and sustainability-driven innovations.

“NIO has established a strong brand identity in the electric vehicle market through advanced technology,” said Uta Holzenkamp, president of BASF Coatings. “Together, we will continue exploring innovative technologies to support NIO in achieving its sustainability targets and future goals.”

NIO recognizes BASF Coatings as a strategic partner in advancing automotive coatings, with both companies committed to developing new materials and technologies globally to support carbon neutrality and sustainable growth.