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January 2018, Issue 10

Novelis Automotive Newsletter Novelis Provides World-class Innovative Automotive Aluminum Solutions to the Expanding Chinese EV Market Novelis collaborating with the next-generation automotive company that develops high-performance electric vehicles

OVERVIEW

On Dec 16, NIO ocially launched their first mass-market model: NIO ES8. The 7-seater high performance electric SUV is equipped with a number of industry-leading technologies, including an all-aluminium body and chassis. The body and chassis’ aluminum sheet material is primarily provided by Novelis.

NIO is not the only automaker that has been dedicated to the development of the Chinese EV market. Last October, Car Group and its parent company, , invested $753 million to develop the electric vehicle brand . They also built a plant in . Tesla, the world-leading electric vehicle manufacturer, also confirmed that it was working with the municipal government on the potential of Tesla setting up a facility in Shanghai. It is clear that worldwide automakers are speeding up their eorts to develop electric vehicles to meet demands in China, the biggest EV market in the world.

NIO ocially launched its first mass-market The fast-growing electric vehicle market in China has created great model: NIO ES8 at NIO Day in opportunities for automotive suppliers. As a raw material featuring Wukesong Stadium exceptional lightness, strength, durability, formability, and sustainability, aluminum is considered an ideal material for the basic frame of NEVs. Thus, Novelis, which has local productivity with its Changzhou Plant, global R&D expertise, and rich experience working with world-class automakers, has already become the best choice for automotive OEMs in the Chinese electric vehicles market.

Over the past several months, experts from Novelis China, the United States, and Europe worked together, developing innovative aluminum solutions for NIO’s , high-performance, and premium electric vehicle. To learn more about Novelis’s collaboration with NIO, please read the ES8 case study below.

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Novelis Collaborates with NIO on the Next-generation EV: NIO ES8

In 2017, Novelis announced that they provided aluminum solutions for NIO’s electric SUV ES8, which would boost the EV supply. The aluminum material for the ES8 will come from Novelis' Changzhou plant, China's first facility dedicated to manufacturing heat-treated automotive sheet material. The aluminum will be featured in a wide range of structural components and parts on the auto body. The aluminum material can help improve the ES8’s range by enabling the car to achieve excellent strength, safety and performance. The launch of the NIO ES8 marks Novelis’ turn in becoming a supplier for China’s premium electric vehicles that feature an all-aluminum body thus bringing confidence and new capabilities to the growing EV market.

Novelis is more than a material supplier. Novelis closely collaborated with NIO at the ES8’s design stage. Over the past several months, experts from Novelis China, the United States, and Europe worked together with NIO’s engineers to complete various material tests and develop new aluminum alloys, which successfully improved the ES8’s strength, safety and range.

NIO is committed to providing users with a joyful lifestyle. Therefore, the company has set world-class standards for vehicles’ weight, safety, and performance. Facing an aggressive timeline, Novelis demonstrated the strength of their global teamwork in R&D and material production to meet NIO’s strict quality requirements. For example, Novelis also introduced new materials from Europe and North America to support NIO’s material tests and development. Aluminium materials that passed NIO’s tests will be produced in Novelis’s Changzhou plant.

The challenges Novelis has conquered, the diculities they have overcome, and the achievements they have made all make Novelis a better company. The collaboration with NIO is also making Novelis push the limits of EV’s performance and design. In the future, Novelis will continue to collaborate with NIO on the constant innovation of new-generation alloys.

With over 40 years of experience in the , Novelis is the only automotive aluminum supplier with production capabilities in all three major auto-producing regions – Asia, Europe, and North America. Novelis’ superior manufacturing capabilities and R&D assets allow the company to meet customers’ needs and act as a reliable partner to major automakers.

“We are proud to work together with such an innovative and excellent partner to deliver a vehicle that boasts high performance and meets users’ demands. Novelis’ successful collaboration with NIO is driving the growth of the Chinese automotive industry, bringing more cutting edge technologies into an increasingly booming EV market.”

- James Liu Managing Director of Novelis China and Vice President, Automotive for Novelis Asia

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About Novelis Automotive No. 1 in aluminum 40 years sheet manufacturer for of experiences automotive

Novelis is the leading global supplier of rolled aluminum sheet for the automotive industry. Our experience and global footprint, commitment to innovation and product quality and No. 1 in closed-loop featured in the relationships we’ve forged with leading automakers set recycling of aluminum 180+ models us apart as the preferred partner worldwide. Our products are now featured in more than 180 models and many of the world’s premier brands have called on us to bring their latest innovations to market. We’re working with our customers to create the next generation of automobiles that deliver the Global Footprint Industry leading performance consumers seek while also helping to create a covering Asia, Europe Technology more sustainable world for us all. and North America and Innovation

About Novelis

Novelis Inc. is the global leader in aluminum rolled products and the world's largest recycler of aluminum. The company Novelis China Suite 3002, Gubei Fortune Center II operates in 10 countries, has approximately 11,000 employees No. 1438 Hongqiao Road, Changning District and reported $10 billion in revenue for its 2017 fiscal year. Shanghai, 200366 Novelis supplies premium aluminum sheet and foil products China +86 21 6035 5122 to transportation, packaging, construction, industrial and www.novelis.com consumer electronics markets throughout North America, Europe, Asia and South America. Novelis is a subsidiary of For more information or comment, please contact Novelis @ Hindalco Industries Limited, an industry leader in aluminum and copper, and metals flagship company of the Aditya ©2018 Novelis Birla Group, a multinational conglomerate based in Mumbai, India. For more information, visit novelis.com.