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Nio Inc (NIO), is an automobile company that designs, manufactures, and sells smart electric vehicles. The company provides core technologies, including proprietary electric powertrains and batteries, a digital system, and a digital cockpit to coordinate vehicle domains and technical functions. Its services offering includes battery swapping service, battery upgrade service, warranty services, vehicle connectivity services, and vehicle engineering and design services. NIO offers sedan, SUV, and supercar models. The company offers premium smart electric vehicles under the NIO brand and family-oriented vehicles through ONVO and sells small high-end cars under the FIREFLY brand. The company provides lifestyle products, including clothing, electronics, and home items, integrated through brand-specific apps. It operates across China, Europe, Southeast Asia, the Middle East, and other markets. NIO is headquartered in Shanghai, China.
Headquarters
China
Address
Building 19, No. 1355, Caobao Road, Shanghai, 200233
Website
ir.nio.com
Telephone
86 21 69082018
No of Employees
35,032
Industry
Automotive
Ticker Symbol & Exchange
NIO (NYSE)
Revenue (2024)
$12.2B
33.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
31.3%
(2024 vs 2023)
Market Cap*
$12.3B
Net Profit Margin (2024)
XYZ
48.4%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electric Powertrain and Battery | Battery Swapping Service | NIO |
| Electrical Vehicles | Battery Upgrade Service | FIREFLY |
| Digital System | Warranty Services | ONVO |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In April, the company launched the ONVO L80 for pre-sale. |
| 2026 | Contracts/Agreements | In April, the company expanded its partnership with onsemi to promote next-generation electric vehicle (EV) platforms. |
| 2026 | Corporate Changes/Expansions | In March, the company opened the NIO Space in Singapore. |
Competitor Comparison
| Key Parameters | Nio Inc | China FAW Group Co Ltd | Li Auto Inc | Guangzhou Automobile Group Co Ltd | XPeng Inc. |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Shanghai | Changchun City | Beijing | Guangzhou | Guangzhou |
| State/Province | Shanghai | Jilin | Beijing | Guangdong | Guangdong |
| No. of Employees | 35,032 | 120,000 | 30,728 | 82,067 | 19,884 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bin Li | Chairman; Chief Executive Officer | Executive Board | 2018 | 51 |
| Lihong Qin | Director; President | Executive Board | 2014 | 52 |
| Stanley Yu Qu | Chief Financial Officer | Senior Management | 2024 | 47 |
| Feng Shen | Executive Vice President | Senior Management | 2017 | 62 |
| Ganesh V. Iyer | Chief Executive Officer - NIO, the US | Senior Management | 2016 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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