NIO Inc.

NIO Inc. is a leading smart electric vehicle (EV) maker in China. Founded in 2014, the company designs, develops, manufactures, and sells electric SUVs and sedans that feature advanced autonomous driving technology and comprehensive connectivity solutions. NIO’s lineup of vehicles includes five, six, and seven-seater EVs, with top-of-the-line models offering up to 500 kilometers per charge. The company also offers a fully integrated user experience such as energy packages, e-powertrains, battery packs and charging solutions, repair and maintenance services, auto financing, and more.

NIO is dedicated to pioneering a sustainable, convenient and enjoyable lifestyle for its users and the community. This commitment extends to its innovative products, which are designed to offer the ultimate in user experience and safety. In 2020, NIO introduced the NOMI cabin AI system, which provides drivers and passengers with a fully interactive and conversational AI experience while in the car. Drivers can use natural language commands to activate the NOMI AI, allowing them to control music, navigation, and climate control while on the go.

The company also has an extensive presence in the EV market, with more than 500 service centers, 5,000 charging piles, and nearly 5,000 Power mobile charging vans located in various cities across China. It is also the first Chinese EV company to enter the Formula E Championship race and the NIO Formula E Team is a five-time winner of the World Championship. NIO has a global presence, with offices in Shanghai, Beijing, San Jose, Munich, London, and multiple other cities. It also has strategic partnerships with other international companies in the EV industry, such as Mobileye, Contemporary Amperex Technology Limited, and Microsoft. As of June 2020, the company has over 6,000 patents and applications in the EV industry. In 2019, NIO had an estimated market capitalization of roughly US$9 billion.