NIO (car company)
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| Private | |
| Industry | Automotive |
| Founded |
Shanghai, China 2014 |
| Founder | William Li |
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Number of locations
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13 (4 major, 9 minor) |
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Area served
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Beijing, China Hefei, China Hong Kong, China Kunshan, China Nanjing, China Shanghai, China Munich, Germany London, United Kingdom Oxford, United Kingdom San Francisco, United States San Jose, United States |
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Key people
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William Li, Chairman & Founder Padmasree Warrior, CEO NIO U.S., & Chief Development Officer, NIO Kris Tomasson, Vice President of Design Nelson Piquet, Jr., Test Driver Oliver Turvey, Test Driver |
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Number of employees
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2000+ approx. (2017) |
| Divisions | NextEV NIO Formula E Team |
| Website | nio.io |
NIO is a global start-up based in China, designing and developing high-performance, premium electric, autonomous vehicles. NIO has R&D and design experts from around the world with significant technology and management background from leading automobile and high tech companies, with more than 2,000 employees in its 13 locations. The company is also involved in the FIA Formula E Championship, the world’s first single-seater, all-electric racing series. The name for the company in China is Weilai.
NIO was founded by the Chairman of Bitauto and NextEV, William Li. After launch, several companies went in to invest, these including Tencent, Temasek, Baidu, Sequoia, Lenovo, TPG and other world-renowned investment institutions. Its track car the NIO EP9 was debuted the same day the brand was established.
NIO was launched with the intention from William Li to lead the way with autonomous, electric-powered, and smart vehicles, and to make their owners feel positive about owning their products. They also want to redefine what premium service means for a car company.
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.
The NIO EP9 is a track-only, electric-powered, mid-engined two-seater supercar manufactured by NIO and their Formula E counterpart. It debuted in the Saatchi Gallery in London, England. The car is powered by four electric motors each delivering 335.25 hp (250 kW; 340 PS) for a total of 1,341 hp (1,000 kW; 1,360 PS), and all four are driven by four independent transmissions, therefore making the car all-wheel drive.
The six EP9s were produced for NIO's investors. In April 2017, NIO announced it would produce 10 extra EP9s for pre-order to the public for $1.48M.
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Wikipedia