NIO (car company)

NIO Inc.
Native name
 蔚来汽车
Public
Traded as NYSE: NIO
Industry Automotive
Founded 2014 (2014)
Founder William Li (Li Bin)
Headquarters Shanghai, China
Number of locations
 19 (4 major, 15 minor)
Area served
 Beijing, China
Hefei, China
Hong Kong, China
Kunshan, China
Nanjing, China
Shanghai, China
Shenzhen, China
Munich, Germany
London, United Kingdom
Oxford, United Kingdom
San Francisco, United States
San Jose, United States
Key people
 William Li, Chairman, CEO & Founder
Lihong Qin, Director, President & Co-Founder
Louis T. Hsieh, CFO
Hsien Tong Cheng, Executive Vice President & Co-Founder
Padmasree Warrior, Director and Chief Development Officer
Kris Tomasson, Vice President of Design
Luca Filippi, Test Driver
Oliver Turvey, Test Driver
Number of employees
 4000+ approx. (2018)
Divisions NIO Formula E Team
Website nio.io

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing safe electric autonomous vehicles. NIO has R&D and design experts with significant technology and management backgrounds from leading automobile and high-tech companies, with more than 4,000 employees in its 19 locations. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.

Overview

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 three-minute 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, after selling 481 cars with 15000 order backlog, with maximum production capacity potentially 500,000 per year, 100,000 near immediately, the company filed for a US$1.8 billion initial public offering on the New York Stock Exchange.[4]

Vehicle lineup

Current models

EP9 ES8 ES6

Technologies

NOMI

NOMI is an artificially-intelligent digital companion which learns its driver and passenger's self-interests and information to meet their needs. The device's embodiments are found at the front and rear. This proactive system's upgraded planned features will , ,,mbe a cornerstone of NIO's Eve concept car, production pipeline for delivery in 2020.

Motorsport

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

NIO participates in the Formula E championship with their counterpart NIO Formula E, and races their cars with their test drivers, Luca Filippi, and Oliver Turvey. 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

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.[5] 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

References

  1. ↑ "NIO - About NIO". www.nio.io. Retrieved 2017-04-22.
  2. ↑ "NIO - NextEV Issued Autonomous Vehicle Testing Permit in California". www.nio.io. Retrieved 2017-05-11.
  3. ↑ "NIO Opens First Battery Swap Station In Shenzhen". insideevs.com. 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. ↑ "Video: watch the Nio EP9's 6:45 'Ring record". www.topgear.com. Retrieved 2018-03-24.
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