Partnerships with Chinese manufacturers are on the agenda for many historic players in the automobile industry. This time it is Mercedes and Nio who are considering cooperation.
According to the agency Reuters, Mercedes and Nio discussed possible cooperation. The latter could take the form of an investment by Mercedes in the capital of Nio, and an exchange of technology. A sign of the times, this exchange would mainly go in the direction of Nio towards Mercedes and not the other way around…
Let’s not forget that the Volkswagen group announced a double partnership this summer: with SAIC for Audi, and with Xpeng for Volkswagen. In the latter case, the agreement is accompanied by an investment which sees the German group take 4.9% of the capital of the Chinese manufacturer and in exchange benefits from access to its technologies. For its part, LeapMotor is said to be in discussions at a fairly advanced stage with Volkswagen and Stellantis.
Regarding Mercedes and Nio, the discussions are at a very advanced stage with meetings at the highest level between Ola Kaellenius and William Li. The two manufacturers also agree to discuss for the moment simple informal discussions between the two bosses, as they can have regularly with other manufacturers.
Mercedes boss opposes European protectionism against Chinese brands
For Mercedes, such an agreement would also be particularly problematic. The two main shareholders of the German group are in fact the Chinese groups BAIC and Geely (shares in reality held directly by Li Shufu), which both own respectively 9.98% and 9.69% of Mercedes and could see a bad watch the entry on the scene of a third thief…
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