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NIO

Categories

Industrial Manufacturing  
Technology  

#1381

Rank

$13.14B

Marketcap

CN China

Country

NIO
Leadership team

Lihong Qin (Board Member)

Bin Li (Board Member)

Industries

Industrial Manufacturing

Technology

Products/ Services
Electric vehicle manufacturer
Number of Employees
1,000 - 20,000
Headquarters
Shanghai, Shanghai, China
Established
2014
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001736541
Revenue
Above - 1B
Traded as
NIO
Social Media
Summary

NIO is an automotive company that designs and develops electric autonomous vehicles. NIO Inc. is a pioneer in China’s premium smart electric vehicle market. The company's mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs jointly manufacture and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving and artificial intelligence. 

Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. The industrial manufacturer began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. Officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. The company launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and commenced deliveries in 2020.

History

2014: NIO is an electric Chinese car maker that was founded by William Li, aka Li Bin, in 2014.

2015: Li Auto is a Chinese smart electric vehicle maker that Li Xiang founded this year.

2016: NIO developed its first model, the EP9 supercar.

2017: In November, it opened its first NIO House in Shanghai, followed by its first production car’s unveiling the next month.

2018: In September, Li Bin was in New York to ring the famous bell, and NIO collects over a billion dollars from its public offering. So far, so good, and deliveries started in the summer, followed by favourable reviews in several Chinese car magazines.

2019: NIO’s investigation ultimately leads to a faulty plug jacket that can cause a short circuit, and all the cars the company produced needed to be recalled for repairs. Halfway through the year, NIO started delivering its second model, the ES6.

2020: In April, the company announced $1 billion in funding from a bunch of new Chinese investors, which the company badly needed due to its struggles at selling its cars. This year will go down in history as a dramatic year for obvious reasons, but one of the more bewildering stories of the year is Tesla’s stock price.

2022: According to reports, Rivian intends to start manufacturing its RIS SUV and RIT pickup in 2022.

Mission

“To shape a joyful lifestyle.”

Vision

“Our vision is to enable our customers' long-term economic success by delivering relevant and trusted technology solutions.”

Key Team

Hsien Cheng (Founders)

Hsien Cheng (Founders)

Lihong Qin (Board Member)

Denny Ting Bun Lee (Board Member)

Bin Li (Board Member)

Ms. Annabelle Yu Long (Board Member)

Denny Ting Bun Lee (Board Member)

Wei Feng (CFO)

Ms. Annabelle Yu Long (Board Member)

Hai Wu Ph.D. (Board Member)

Hai Wu Ph.D. (Board Member)

James Gordon Mitchell Cfa (Board Member)

James Gordon Mitchell Cfa (Board Member)

Mr. Feng Shen (Executive Vice President)

Mr. Feng Shen (Executive Vice President)

William Li (CEO)

Mr. Ganesh V. Iyer (Board Member)

Lihong Qin (Board Member)

Mr. Xin Zhou (Executive Vice President)

Bin Li (Board Member)

Recognition and Awards
TechCrunch: Unicorns
References
NIO
Leadership team

Lihong Qin (Board Member)

Bin Li (Board Member)

Industries

Industrial Manufacturing

Technology

Products/ Services
Electric vehicle manufacturer
Number of Employees
1,000 - 20,000
Headquarters
Shanghai, Shanghai, China
Established
2014
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001736541
Revenue
Above - 1B
Traded as
NIO
Social Media