Nio

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Nio is a Chinese EV maker that produces battery swap-enabled cars. It now has three brands: Nio, Onvo, and Firefly.
Founded: Nov 2014
Founder: William Li
Ticker: NYSE: NIO
HQ: Shanghai
2024 revenue: RMB 65.73 billion
Website: nio.cn
  • Nio Firefly begins deliveries of right-hand drive cars in Singapore

    Firefly commenced deliveries in Singapore after officially entering the city-state early last month.

  • Nio deliveries double in Jan, buoyed by strong performance of ES8 SUV

    Nio delivered 27,182 vehicles in January, marking a 96.08% year-on-year increase, though down 43.53% from December.

  • Nio makes official entry into Uzbekistan with opening of 1st local store

    Nio partners with a local distributor to offer vehicles under its main brand and sub-brand Onvo in Uzbekistan.

  • Nio delivers 60,000th 3rd-gen ES8 SUV

    Nio has delivered its 60,000th third-generation ES8, just two weeks after reaching the 50,000th unit.

  • Nio joins Tesla, Xiaomi in offering 7-year financing plan for car purchases in China

    Nio Inc has launched a 7-year low-interest financing plan for car purchases, joining Tesla and domestic peers in promotional efforts.

  • Nio nears delivery of 60,000th 3rd-gen ES8 SUV

    The delivery of the 60,000th third-generation Nio ES8 is approaching, after the 50,000th unit was achieved on January 18.

  • Nio rolls out major update to NWM driver assist software in China, delivering more human-like driving experience

    This marks Nio's second major update to its NWM driver assist software since May 2025.

  • Nio brings in former Alibaba exec as part of efforts to ramp up AI push

    Yang Sheng, a former algorithm expert at Alibaba's DAMO Academy, has joined Nio for research on cutting-edge architecture and algorithm.

  • Nio participates in large-scale V2G trial in Jiangsu, testing power supply to grid

    Six Nio battery swap stations delivered a peak power output of 1,540 kW during the trial, contributing 15% of the total discharge share.

  • Nio opens 1st distributor store in Hungary as European expansion continues

    Nio currently offers the ET5, ET5 Touring, ES6, and ES8 in Hungary.