The Zhitong Finance App learned that, according to media reports, on August 5, Suning and NIO (NIO.US) reached a strategic cooperation. NIO will also land a “NIO Showroom” in Suning Plaza. The two sides will jointly build a smart automotive retail experience store.

According to information, the two sides will cooperate in the fields of channel expansion, consumer services, brand promotion, B2B cooperation, hotel business, and intelligent manufacturing.

According to reports, on August 3, NIO released delivery data for July 2020. NIO delivered 3,533 units in July, an increase of 322.1% over the previous year, exceeding four times the number delivered in the same period last year, and the second-highest monthly delivery record in history after June of this year.