NIO designs, develops, manufactures and sells premium smart electric vehicles and builds a community aroundEV ownership. Its cars are high‑end SUVs and sedans that integrate autonomous driving, digital technologies and advanced electric powertrains. The company differentiates itself with services and technologies such as Battery as a Service (BaaS) and battery swapping stations, as well as proprietary autonomous driving systems and an Autonomous Driving as a Service (ADaaS) offering. NIO’s products work by pairing electric vehicles with a flexible battery service model and software-driven driving features that continuously improve through over‑the‑air updates and on‑vehicle sensors. The company aims to let customers share joy and grow with a user community while advancing next‑generation mobility through its EV lineup and related services.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Huangpu, China
Founded
2014
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Insurance, Health & Wellness
401k
Maternity & Paternity Leave
Work From Home
Reduced or Flexible Hours
Paid Vacation, Sick Days, Holidays, and Bereavement Leave
Employee Assistance Program
Discounted Gym Membership
Professional Development Opportunities
Nio Energy has secured a strategic investment from Geely Holding Group, valuing the battery-swapping unit at CNY 16 billion. Under the agreement, Geely will acquire a 30% stake in Nio Energy by contributing its 100% ownership of Yiyi Hulian plus CNY 640 million in cash. The partnership consolidates battery-swapping operations for both commercial and private vehicles. Nio Energy will integrate Yiyi Hulian's commercial vehicle swapping business, whilst Geely will develop consumer-focused swapping vehicles using Nio Energy's network. Additionally, Nio will take a 10% stake in Geely's Haohan Energy charging business. Previously, Nio Energy raised CNY 1.5 billion from Wuhan state-backed investors in 2024. CATL announced plans to invest up to CNY 2.5 billion in March 2025. As of September 2025, Nio operates 4,126 battery-swap stations nationwide, having completed over 125 million swaps.
NIO reported second-quarter 2026 results showing operational progress in China but continued European struggles. The Chinese electric vehicle maker delivered 107,658 vehicles, up 49.4% year-over-year, with revenue rising 69.1% to RMB32.14 billion ($4.74 billion), though this missed Wall Street's $4.95 billion consensus. Vehicle gross margin improved to 18.5% from 10.3% a year earlier. Net loss narrowed 89.4% year-over-year to RMB0.5 billion, and the company posted an adjusted net profit of RMB26.1 million. However, European performance deteriorated sharply. Germany saw just three NIO registrations in July, down 93.6% year-over-year, whilst Netherlands registrations fell 87.9% in the first seven months of 2026. J.P. Morgan downgraded the stock post-earnings to $4.50, citing concerns about flat-to-declining China demand in 2027. Hedge fund ownership dropped from 31 to 27 funds in Q2.
Nio shares fell 4.02% to $4.06 after the Chinese EV maker's second-quarter revenue missed estimates despite strong year-over-year growth. Trading volume surged to 77.8 million shares, 174% above its three-month average. The company reported Q2 revenue jumped 69.1% year over year and 26% sequentially from Q1, but fell short of expectations amid intense competition in China and Europe. Vehicle margins also declined from the previous quarter, raising concerns about price pressures and rising component costs. Nio posted stronger August delivery numbers, with unit volume up 14.5% year over year, driven by its new mass-market sub-brands Firefly and Onvo. However, the company still reported a small operating loss in Q2, slightly worse than Q1 results. The broader market declined, with the S&P 500 down 0.71% and Nasdaq falling 1.03%.
NIO Inc reported record financial results for Q2 2026, with total revenue reaching RMB32.1 billion, up 69.1% year-over-year. The Chinese electric vehicle maker delivered 107,658 vehicles in the quarter, a 49.4% increase from the previous year. Vehicle gross margin stood at 18.5%, despite rising raw material and chip costs. The company achieved adjusted operating profit of RMB0.2 billion and positive free cash flow, boosting its cash position to RMB56.7 billion. NIO's flagship ES9 model faces wait times of 3-4 months due to strong demand, whilst the ES8 surpassed 140,000 deliveries. The company expanded its battery swap network to 4,123 stations, including a new fifth-generation station costing RMB1.4 million. For Q3 2026, NIO expects deliveries between 108,000 and 111,000 units.
Xiaomi has unveiled its in-house self-driving chip, the Xring D100, for commercial deployment in 2027. The chip will be built on a 3-nanometre process and features a 20-core CPU and 16-core NPU. It will run large language models with 200 billion parameters locally. Xiaomi's electric vehicles currently rely mainly on Nvidia's Thor chips for smart-driving systems. The company joins other Chinese automakers developing proprietary autonomous driving technology. NIO's CEO William Li previously said in-house chip design would be more cost-efficient than competitors. XPeng has outlined its roadmap to Level 4 autonomous driving by 2028. Tesla CEO Elon Musk announced plans for the Terafab semiconductor facility in Texas, which would develop chips using a 2-nanometre process.