NIO Inc. is a Chinese technology and electric vehicle company headquartered in Shanghai. Founded in 2014, the company designs, develops and sells smart electric vehicles, including SUVs, sedans and other passenger vehicles. Its product portfolio has included models such as the ES6, ES7, ES8, ET5, ET5T and ET7, with model names varying by market.
In addition to vehicle sales, NIO provides related services and technologies, including battery-swapping stations, charging services, mobile charging, digital connectivity and driver-assistance features. Its Battery as a Service program allows eligible customers to subscribe to battery services separately from the vehicle. The company also operates user-oriented facilities and services under the NIO brand, including NIO Houses and NIO App-based community and ownership features.
NIO primarily serves customers in China and has expanded into selected European markets, including Norway, Germany, the Netherlands, Sweden and Denmark. The company has also developed additional vehicle offerings and brands intended to address broader segments of the electric vehicle market. William Li, who co-founded NIO, serves as its chairman and chief executive officer. NIO's American depositary shares trade on the New York Stock Exchange under the symbol NIO.
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