The two sides will work together in the development of steer-by-wire products and other fields

NIO and ZF Group, William Li and Dr. Holger Klein

Global technology company ZF signed a strategic cooperation agreement with NIO on October 11, in Munich, Germany.
Dr Holger Klein, Member of the Board of Management (BOM), ZF Group; William Li, Founder, Chairman and CEO of NIO; and senior management on both sides attended the signing ceremony, where a wide range of topics were discussed. 
Kevin Pan, Associate Vice President, Supply Chain Development, NIO, and Dr Peter Holdmann, Executive Vice President, Head of Division Car Chassis Technology, signed the agreement.
Both companies have also agreed to establish an instant information-sharing mechanism to deepen communication, plus conduct regular joint technical exchanges to engage in industry-leading processes and quality standards. 
Meanwhile, ZF and NIO plan to extend their collaboration to brand promotion, product marketing, technology and quality enhancements, as well as customer service.
“ZF’s new steer-by-wire system is a market-leading, cutting-edge technology,” Member of the ZF Group Board of Management, Dr Holger Klein, said.
“We are excited to be working closely with NIO, an outstanding representative of the Chinese automotive industry that is actively engaged in technology and business model innovation, and a pioneer in the globalisation of the Chinese automotive industry.
“We will continue to expand our cooperation with leading automotive customers against the backdrop of the connectivity, electrification and autonomous megatrends, and give full play to ZF’s technology strengths to play an increasingly important role in the open automotive ecosystem.”
“As vehicles become increasingly electric, autonomous, and software defined, ZF has been establishing a leading position in the industry with its comprehensive by-wire technology offerings, and has been awarded significant contracts by multiple customers with steer-by-wire launches scheduled in all major regions,”
ZF Group Executive Vice President for Active Safety Systems, Christophe Marnat, said.
The signing of this agreement marks the first time that ZF Group has cooperated with a customer involved in the steer-by-wire business in the Asia Pacific region, with the companies to jointly promote the evolution and development of technology across various fields, such as autonomous driving and electrification.

For more information, visit www.zf.com