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View moreNio Inc (NIO) is Automobile company that carries out the research and development production and sale smart electric vehicles. The company offering products includes es7, es8, es6, et5, et7, ec6. It also develops battery swapping technologies and autonomous driving technologies. Its services comprise lifetime free warranty, lifetime free roadside rescue and lifetime free car connectivity. The company electric vehicles apply NAD (NIO autonomous driving) technology, including super computing platform NIO adam and super sensing system NIO aquila. The company also provides the provision of charging piles, vehicle internet connection services and extended lifetime warranties. It operates in the Netherlands, China, Hong Kong, Germany, Norway and the US. NIO is headquartered in Shanghai, China.
Headquarters
China
Address
Building 20, No. 56 Antuo Road, Jiading District, Shanghai, 201804
Website
ir.nio.com
Telephone
86 21 69083306
No of Employees
15,204
Industry
Automotive
Ticker Symbol & Exchange
NIO (NYSE)
Revenue (2022)
$5.6B
122.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-88.4%
(2022 vs 2021)
Market Cap*
$17.2B
Net Profit Margin (2022)
XYZ
15.2%
(2022 vs 2021)
* As of and is in US$
Nio Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electric Vehicles | Battery Swapping | ES 8 |
| Mobile Power Services | ET 7 | |
| Research and Development | ET 7 | |
| 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 |
|---|---|---|
| 2023 | Plans/Strategy | In February, the company announced its plans to build its first battery plant to produce big cylindrical cells. |
| 2023 | Plans/Strategy | In February, the company announced its plans to open its new factory in Chuzhou Economic Development Zone, Anhui Province to produce EV models from the company’s third brand. |
| 2023 | Corporate Changes/Expansions | In February, the company announced its plans to construct 1,000 battery-swapping stations for electric vehicles in China. |
Competitor Comparison
| Key Parameters | Nio Inc | China FAW Group Co Ltd | Anhui Jianghuai Automobile Group Corp Ltd | Huizhou Desay SV Automotive Co Ltd | IAT Automobile Technology Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Shanghai | ChangChun City | Hefei | Huizhou | Beijing |
| State/Province | Shanghai | Jilin | Anhui | Guangdong | Beijing |
| No. of Employees | 15,204 | 120,000 | 24,516 | 5,342 | 1,900 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Bin Li | Chief Executive Officer; Chairman | Executive Board | 2018 | 47 |
| Lihong Qin | Director; President | Executive Board | 2014 | 48 |
| Wei Feng | Chief Financial Officer | Senior Management | 2019 | 42 |
| Ganesh V. Iyer | Chief Executive Officer - NIO, the US | Senior Management | - | 54 |
| Xin Zhou | Executive Vice President | Senior Management | 2015 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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