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    Home > Chemicals Industry > International Chemical > Total joins hands with NIO to expand the Chinese electric vehicle market

    Total joins hands with NIO to expand the Chinese electric vehicle market

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    Recently, NIO's team won the first overall driver of the year championship in the history of the FIA Formula E World Championship and announced a partnership
    with French oil company Total.

    Total joins hands with NIO to expand the Chinese electric vehicle market

    As a European fossil fuel giant, Total has made great strides
    in clean energy and transport solutions.
    Total's venture capital firm, Total Energy Ventures, recently entered into a strategic partnership
    with Shanghai-based NIO Capital Fund Management.

    The new collaboration aims to develop China's high-potential electric vehicle market
    .
    Against the backdrop of China's dire air quality problems, the emerging middle class is showing a desire
    for electric vehicles.

    The ambition to establish partnerships aimed at entering the electric vehicle market and developing innovative products
    .
    Innovative products include autonomous driving, intelligent systems, connected vehicles and mobility services
    .

    Total is already a company that understands the Chinese market and already has a considerable public image, hosting the first Formula E championship
    in 2015.
    NIO's EP9 became the world's fastest electric vehicle in 2016 and began setting a new record
    for self-driving cars.

    At the end of last year, with the official launch of the 7-seat ES8 electric SUV, NIO has also become a hot
    spot in the industry.


    Recently, NIO's team won the first overall driver of the year championship in the history of the FIA Formula E World Championship and announced a partnership
    with French oil company Total.

    Total joins hands with NIO to expand the Chinese electric vehicle market

    Total joins hands with NIO to expand the Chinese electric vehicle market

    As a European fossil fuel giant, Total has made great strides
    in clean energy and transport solutions.
    Total's venture capital firm, Total Energy Ventures, recently entered into a strategic partnership
    with Shanghai-based NIO Capital Fund Management.

    The new collaboration aims to develop China's high-potential electric vehicle market
    .
    Against the backdrop of China's dire air quality problems, the emerging middle class is showing a desire
    for electric vehicles.

    Electric vehicle

    The ambition to establish partnerships aimed at entering the electric vehicle market and developing innovative products
    .
    Innovative products include autonomous driving, intelligent systems, connected vehicles and mobility services
    .

    Total is already a company that understands the Chinese market and already has a considerable public image, hosting the first Formula E championship
    in 2015.
    NIO's EP9 became the world's fastest electric vehicle in 2016 and began setting a new record
    for self-driving cars.

    At the end of last year, with the official launch of the 7-seat ES8 electric SUV, NIO has also become a hot
    spot in the industry.

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