NIO

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 and Firefly brands to serve the mass-market segment.