NIO

NIO is a Chinese electric vehicle (EV) manufacturer that has gained recognition both in China and internationally. While NIO primarily focuses on the Chinese market, it has also made some inroads in Europe. NIO is known for its high-performance electric cars that offer advanced technology, impressive range, and luxurious features.

NIO has gained attention for its high-performance electric vehicles that combine cutting-edge technology, innovative design, and luxurious features. The company's flagship models include the NIO ES8, a spacious and premium electric SUV, and the NIO ES6, a more compact and sporty electric SUV. These vehicles offer impressive range, fast acceleration, and advanced autonomous driving capabilities.

One of the key aspects of NIO's business model is its Battery as a Service (BaaS) offering. This allows customers to purchase NIO vehicles without owning the battery pack. Instead, customers can subscribe to a battery swapping service, where they can exchange their depleted battery for a fully charged one at designated battery swap stations, saving time and addressing range anxiety concerns.

Founded: 2014

Headquarters: Shanghai, China

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Website: https://www.nio.com/