Nio Inc. - ADR
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About Nio Inc. - ADR
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold around 222,000 EVs in 2024, accounting for about 2% of the China passenger new energy vehicle market.
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Nio Inc. (NIO) is a Chinese electric vehicle (EV) company that designs, develops, and sells smart EVs with advanced connectivity and autonomous driving capabilities. Founded in 2014 and headquartered in Shanghai, Nio operates in the premium segment of the EV market and focuses on integrating intelligent systems across its product range.
The company produces electric SUVs and cars, supported by proprietary technologies such as battery swapping stations, over-the-air software updates, and a cloud-based vehicle management platform. Nio has also developed in-car AI assistants and autonomous driving software as part of its user experience strategy.
While the company’s core market is mainland China, it has expanded into select international markets, including parts of Europe. Nio continues to invest in energy infrastructure, including charging networks and vehicle-to-grid technology.
Nio is listed on the New York Stock Exchange (NYSE) and also maintains secondary listings on the Hong Kong and Singapore stock exchanges.
