NIO (car company)

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NIO Inc.
Native name
Traded asNYSENIO
Founded2014; 5 years ago (2014)
FounderWilliam Li (Li Bin)
Number of locations
Area served
Hong Kong
United Kingdom
United States
Key people
William Li, Chairman, CEO
Lihong Qin, President
Number of employees
4000+ approx. (2018)
DivisionsNIO Formula E Team

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.


NIO was founded by William Li (Chinese: 李斌; pinyin: Lǐ Bīn), the Chairman of Bitauto and NextEV. After launch, several companies invested in NIO, including Tencent, Temasek, Baidu, Sequoia, Lenovo and TPG. Its track car, the NIO EP9, debuted the same day the brand was established.

NIO was launched by William Li. One piece of the future vision includes the on-demand delivery of power and parcel-to-car delivery. This is built into the system of each vehicle via car voice commands and smartphone.[1]

In October 2016, NIO announced that it was issued an "Autonomous Vehicle Testing Permit" by the California DMV and it would begin testing on public roads under the "Autonomous Vehicle Tester Program" guidelines as it progresses on its path to bring autonomy to market. Level three and four is in the production pipeline.[2]

In May 2018, NIO opened its first battery swap station in the Nanshan District of Shenzhen, Guangdong, China, dubbed the "Power Swap Station".[3] Only ES8 cars would be available for this station.

In August 2018, the company filed for a US$1.8 billion initial public offering on the New York Stock Exchange.[4] According to the press, NIO is among 200 car manufacturers that transmit the position data of customers to Chinese government-backed monitoring centers.[5]

Vehicle lineup[edit]

Current models[edit]

Nio models
Model   Specs
EP9 Nio EP9.jpg
ES8 Nio ES8 front.jpg
ES6 Nio ES6 001.jpg


NOMI AI[edit]

NOMI, an artificial intelligence engine


Formula E[edit]

NIO have been participating in the ABB FIA Formula E since 2014, the inaugural season.

NIO first joined the Formula E championship series in its inaugural 2014–2015 season with their counterpart formerly known as China Racing Formula E Team. For the season, the team had Ho-Pin Tung and Charles Pic drive the #88 car, and Brazilian driver Nelson Piquet Jr. drive the #99 car. They team went on to win the inaugural FIA Formula E Drivers' Championship in July 2015 with Nelson Piquet Jr., and also winning two races, the 2015 Long Beach ePrix and the 2015 Moscow ePrix.

The second season in the Formula E, allowed teams to be able to develop new powertrains for the season. The team used its own NextEV chassis and powertrains for the season.

From the inaugural season of the series to present, NextEV has not won a Constructors' Championship yet and has yet to win one, but has won a Drivers' Championship, and two races, the 2015 Long Beach ePrix and the 2015 Moscow ePrix, both races from the 2014–2015 Formula E season. NIO secured the inaugural FIA Formula E Drivers's Championship in July 2015.

World records[edit]

NIO set five records in their track-only EP9 for the fastest lap for an electric-powered car in the Nürburgring Nordschleife, Circuit Paul Ricard, Circuit of the Americas, and Shanghai International Circuit tracks.[6] On July 15, 2018 the EP9 became the fastest electric production car to ascend the hill climb in front of the Goodwood House. With a time of 44.32 seconds in the Festival of Speed's ‘Final Shoot Out’, the time also represents the fifth fastest official timed run to be set during the event's 25-year history.

See also[edit]


  1. ^ "NIO - About NIO". Retrieved 2017-04-22.
  2. ^ "NIO - NextEV Issued Autonomous Vehicle Testing Permit in California". Retrieved 2017-05-11.
  3. ^ "NIO Opens First Battery Swap Station In Shenzhen". Retrieved 2018-05-29.
  4. ^ "Chinese electric carmaker filed for a $1.8B IPO in the US after selling 481 cars with 15000 backlog". The Hustle. 15 August 2018. Retrieved 22 August 2018.
  5. ^ "Chinese government's monitoring of electric cars raises surveillance fears". Fox News. November 29, 2018. Retrieved November 29, 2018.
  6. ^ "Video: watch the Nio EP9's 6:45 'Ring record". Retrieved 2018-03-24.

External links[edit]