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 | Electric vehicles Smartphones | ||||||||
Production output | 221,970 vehicles (2024) | ||||||||
| Brands | |||||||||
| Revenue | CN¥16.258 billion (2020) | ||||||||
| CN¥−15.641 billion (2022) | |||||||||
| CN¥−5.611 billion (2020) | |||||||||
| Total assets | CN¥96.263 billion (2022) | ||||||||
| Total equity | CN¥27.171 billion (2020) | ||||||||
Number of employees | 20,000+ (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 | |||||||||
Nio Inc. (Chinese: 蔚来; pinyin: Wèilái; stylized as NIO) is a Chinese electric vehicle company headquartered in Shanghai. The company was established in 2014 and adopted its current name in 2016.
In 2018, Nio filed for an initial public offering on the New York Stock Exchange. Nio collaborates with the government-licensed vehicle manufacturer JAC Group to operate two manufacturing plants in Hefei, Anhui, China.
The company is notable for operating battery-swapping stations for its vehicles, as an alternative to conventional charging stations. It operates over 1,300 battery swap stations in China. It also develops semi-autonomous and autonomous vehicle technologies. Nio has participated in Formula E racing since 2014. Nio created a new electric car brand called Onvo in 2024, intending to target the mass market.