NIO Inc
NYSE:NIO

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NIO Inc
NYSE:NIO
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Price: 4.69 USD 1.52% Market Closed
Market Cap: 9.8B USD
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NIO Inc
Investor Relations

In the bustling heart of China's innovation hub, the city of Shanghai, NIO Inc. emerged in 2014 as one of the frontrunners in the electric vehicle revolution. This startup, with an eye on revolutionizing the transportation industry, quickly established itself as a formidable competitor to electric vehicle giants like Tesla. NIO's primary focus is on designing, manufacturing, and selling smart electric vehicles that blend cutting-edge technology with luxury aesthetics, appealing to a growing demographic of environmentally conscious consumers eager for sustainable mobility solutions. At its core, NIO operates through the design and production of electric vehicles (EVs) that emphasize technological integration and user experience. Its vehicles are equipped with advanced features such as NIO Pilot—an autonomous driving system, and NOMI—an artificial intelligence-powered in-car assistant.

NIO's business model extends beyond merely selling EVs; it also includes a unique Battery-as-a-Service (BaaS) solution, which allows customers to subscribe to battery packs instead of purchasing them outright. This not only reduces the upfront cost of NIO’s electric vehicles but also alleviates consumer concerns about battery life degradation. Moreover, NIO has been actively developing a network of battery swapping stations, enhancing the convenience of owning an EV by allowing quick battery changes to keep vehicles on the road longer. These innovative approaches enable NIO to generate recurring revenue streams while building brand loyalty. By integrating premium services and products, NIO caters to a growing electric vehicle market, working to position itself as a key player in reshaping global transportation landscapes.

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Management

Mr. William Li
Co-Founder, Chairman & CEO
No Bio Available
Mr. Lihong Qin
Co-Founder, President & Director
No Bio Available
Mr. Yu Qu
Chief Financial Officer
No Bio Available
Jade Wei
Senior Director of Investor Relations
No Bio Available
Liu Fang
General Counsel
No Bio Available
Mr. Xin Zhou
Executive Vice President
No Bio Available
Mr. Ganesh V. Iyer
Chief Executive Officer of NIO U.S.
No Bio Available

Contacts

Address
SHANGHAI
Shanghai
Building 20, No. 56 Antuo Road, Anting Town, Jiading District
Contacts
+862169083306.0
ir.nio.com