Nio Inc.
Nio House in Beijing, China | |||||||||
| Formerly | NextEV (2014–2016) | ||||||||
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| Company type | Public | ||||||||
| ISIN | US62914V1061 | ||||||||
| Industry | Automotive | ||||||||
| Founded | November 2014 | ||||||||
| Founder | William Li | ||||||||
| Headquarters | , China | ||||||||
Area served | |||||||||
Key people |
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| Products | |||||||||
Production output | 221,970 vehicles (as of 2024) | ||||||||
| Brands | |||||||||
| Revenue | CN¥16.26 billion (2020) | ||||||||
| CN¥−15.64 billion (2022) | |||||||||
| CN¥−5.61 billion (2020) | |||||||||
| Total assets | CN¥96.26 billion (2022) | ||||||||
| Total equity | CN¥27.17 billion (2020) | ||||||||
Number of employees | 20,000 (as of 2023) | ||||||||
| Divisions | ERT Formula E Team | ||||||||
| Chinese name | |||||||||
| Simplified Chinese | 上海蔚来汽车有限公司 | ||||||||
| Traditional Chinese | 上海蔚來汽車有限公司 | ||||||||
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| Business name | |||||||||
| Simplified Chinese | 蔚来汽车 | ||||||||
| Traditional Chinese | 蔚來汽車 | ||||||||
| Literal meaning | Sky-Blue Coming Motor Vehicles | ||||||||
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| Website | nio.com | ||||||||
| Footnotes / references
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Nio Inc. (Chinese: 蔚来; pinyin: Wèilái; stylized as NIO) is a Chinese electric vehicle manufacturer headquartered in Shanghai. Founded in 2014, it adopted its current name in 2016. The company designs and sells electric vehicles, including sedans and SUVs, and has expanded into smartphone development.
In 2018, Nio filed for an initial public offering on the New York Stock Exchange. It collaborates with the government-licensed vehicle manufacturer JAC Group to operate two production plants in Hefei, Anhui, China.
Nio operates more than 1,300 battery swapping stations in China (as of 2022). The company develops semi-autonomous and autonomous vehicle technologies and has participated in Formula E racing since 2014. In 2024, it launched the Onvo brand to serve the mass-market segment.