“Flashy electric vehicle start-up NIO told the F

“Flashy electric vehicle start-up NIO told the Financial Times that, although it has not obtained a government permit to build NEVs, it does not need one because of its partnership with JAC, a local automaker that does.”
“A lot of companies, big existing ones with their own production permits, would easily open up their shop floors to manufacturing for other brands as a contract manufacturer,” says Thomas Glendinning, a senior analyst at BMI Research”