After launch, several companies invested in NIO, including Tencent, Temasek, Baidu, Sequoia, Lenovo and TPG. Overview. Nio will offer the ES6 starting at about 358,000 Chinese yuan (about $51,920 USD, converted) for the base model with the Performance model going for 448,000 yuan ($64,973) with the larger battery. But there’s much more to Nio than just super-fast race cars masquerading as eco transport. We may not need it.’. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series. Announces Launch of Battery as a Service and Establishment of Battery Asset Company", "NIO updates Level 2 advanced driving assistant system NIO Pilot", "NIO Upgrades Autopilot System and Smart Operating System", "NIO Launches ES8 SUV with New User Experience", "Nio, Mobileye partner on self-driving consumer passenger cars in China", "Nio and Hussein Chalayan launch clothing collection inspired by world's fastest electric car", "NIO opens its first electric car service center right next to Tesla's", "Nio deploys 18 battery swap stations covering 2,000+ km expressway", "NIO Completes More Than 500,000 Battery Swaps", World Bank Report Provides New Data to Help Ensure Urban Growth Benefits the Poor, https://twitter.com/NIOGlobal/status/1085431718679592960, https://www.globenewswire.com/news-release/2020/08/20/2081092/0/en/NIO-Inc-Announces-Launch-of-Battery-as-a-Service-and-Establishment-of-Battery-Asset-Company.html, "NIO's 3-Minute Next-Generation Battery Swapping Technology", "This Chinese car's AI assistant can reincarnate your dead cat and order you sympathy gifts", "Video: watch the Nio EP9's 6:45 'Ring record", China Evergrande New Energy Vehicle Group, China Association of Automobile Manufacturers, https://en.wikipedia.org/w/index.php?title=NIO_(car_company)&oldid=984068845, Manufacturing companies based in Shanghai, Multinational companies headquartered in China, Vehicle manufacturing companies established in 2014, Companies listed on the New York Stock Exchange, Pages with non-numeric formatnum arguments, Short description is different from Wikidata, Articles containing Chinese-language text, Articles with unsourced statements from May 2019, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, This page was last edited on 18 October 2020, at 00:03. This is tricky with current lithium-ion battery technology, so Nio is working hard on a suite of battery solutions, as well as factoring more self-driving capability into future products. This can reduce the new-vehicle purchase price by a whopping 70,000 yuan, roughly $10,100.