BASF Coatings and Li Auto Inc. have announced the signing of a Memorandum of Strategic Cooperation, with the primary goal of promoting and implementing painting innovations powered by sustainability and digital innovations.
Guided by the Memorandum, BASF Coatings and Li Auto will collaboratively explore the field of new low-carbon emission material technologies, and establish a joint innovation platform to develop new materials and processes that improve product performance and provide competitive coatings solutions encompassing e-coat, basecoat, clearcoat, and more.
According to the companies, digitalization is another focus of the cooperation. Through sustained and in-depth cooperation in digital solutions, BASF Coatings and Li Auto aim to facilitate data sharing and system openness, achieving intelligent and automated interconnection of business operations.
“We are thrilled to deepen our collaboration with Li Auto, a pioneering market leader that shares our core values in innovation, sustainability, and digitalization. We are confident that this partnership will enhance the operational efficiency and quality levels of both parties, ultimately creating a more competitive business model that carries significant value for the entire ecosystem of new energy vehicles,” said Jack Zou, vice president, Global Key Account Management Asia Pacific OEMs, Global Automotive OEM Coatings, BASF.