According to the National Enterprise Credit Information Publicity System, Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. has officially changed its registration status from “active” to “deregistered.”
Looking back at the cooperation between NIO and JAC Motors, it was a seven-year-long “marriage.” In April 2016, when the new energy vehicle market was still in its early stages and NIO had yet to obtain a production license, JAC already had mature production capabilities. Eventually, the two companies signed a Manufacturing Cooperation Framework Agreement, under which JAC began contract manufacturing NIO vehicles. This partnership attracted wide attention at the time and pioneered the model of new EV startups collaborating with traditional automakers for contract manufacturing.
As cooperation deepened, in March 2021 the two sides further strengthened their ties by jointly investing RMB 510 million to establish Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd., each holding a 50% stake. The establishment of this joint venture was seen as an upgrade to their partnership, aiming to optimize production management and supply chain systems, improve manufacturing efficiency, and enhance product quality. At the time, NIO founder William Li expressed great expectations for the joint venture, emphasizing that the new mechanism would solidify the partnership and make supply chain management more convenient.
NIO’s decision to use contract manufacturing was largely driven by its lack of a production license. However, contract manufacturing comes with its downsides: besides paying high annual fees, it poses challenges for production oversight and quality control. For new EV startups, moving away from contract manufacturing and achieving independent production is crucial — it allows faster model iterations and greater flexibility for future strategic shifts.
By December 2024, NIO finally obtained its long-awaited production license. Prior to that, it had already acquired the JAC–NIO Advanced Manufacturing Base and the second NIO Advanced Manufacturing Base — both factories built by NIO but previously operating under JAC’s license. From that point forward, NIO vehicles no longer carried the “JAC” badge on their rear ends but proudly displayed “NIO,” meaning owners no longer had to remove the JAC branding themselves. With NIO now holding its own production license, the joint venture was no longer needed, and in June 2025 the company voted to dissolve.
Exploring NIO’s Hefei Plant — Is the Brand on Track?
Today, NIO operates three brands: NIO, ONVO (known as “Le Dao” in Chinese), and Firefly. According to its financial report, NIO’s Q2 revenue reached RMB 19.01 billion, up 9% year-on-year and 58% quarter-on-quarter. Vehicle sales accounted for RMB 16.14 billion, up 3% YoY and 62% QoQ. Net loss was RMB 4.995 billion, slightly narrower than the RMB 5.046 billion loss a year earlier, and down 26% compared with Q1’s RMB 6.75 billion loss. NIO delivered 72,056 new vehicles in Q2, a 25.6% YoY increase and a 71.2% QoQ surge. Among them, the NIO brand delivered 47,132 units, ONVO delivered 17,081, and Firefly delivered 7,843.
To keep momentum strong, NIO has been aggressively launching new products. On July 31, ONVO released its second model, the ONVO L90 — a large SUV offered in six- and seven-seat versions. The six-seater starts at RMB 265,800 (or RMB 179,800 with battery-as-a-service rental), and the seven-seater starts at RMB 271,800 (RMB 185,800 with BaaS). Thanks to its competitive pricing, the L90 was warmly welcomed by the market right after launch. In addition, the third-generation NIO ES8 will officially launch on September 20.
Looking ahead, NIO stated that it aims to reach 50,000 monthly deliveries by Q4 this year. For 2026, William Li revealed that three new large SUVs will be launched — two under the NIO brand (ES9 and ES7) and the ONVO L80, which will also begin deliveries next year. With these new models coming to market, NIO expects its sales to climb even higher.
