NIO designs, manufactures, and sells battery-electric vehicles in China and internationally, with operations expanding into Europe. The company's product portfolio includes five and six-seater electric SUVs and smart electric sedans targeting the premium segment of the EV market.
Beyond vehicle sales, NIO operates a diversified ecosystem of energy and service offerings. The company provides battery-swapping infrastructure through Power Swap, a service that enables rapid battery exchanges rather than traditional charging. Additional power solutions include Power Home for residential charging, Power Charger and Destination Charger for public charging networks, and Power Mobile, a mobile charging service via dedicated vans. Power Map is a mobile application offering real-time access to public charging infrastructure. The company also operates service centers providing repair, maintenance, and bodywork; offers vehicle insurance through third-party insurers; and provides auto financing and financial leasing services. NIO manufactures core components in-house, including electric powertrains and battery packs.
As of the last reported period, NIO employed 45,635 full-time employees and maintains headquarters in Shanghai, China. The company was incorporated in the Cayman Islands in 2014 and changed its legal name from NextEV Inc. to NIO Inc. in 2017.
No 10-K filings found.