Quarterlytics / Consumer Cyclical / Auto - Manufacturers / NIO

NIO

NIO · NYSE Consumer Cyclical
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Ticker NIO
Exchange NYSE
Sector Consumer Cyclical
Industry Auto - Manufacturers
Employees 5001-10,000

Business description

Chinese automaker NIO Inc. is making waves in the market with its line of smart electric vehicles. The company is best known for its five, six, and seven-seater electric SUVs and smart sedans, which are engineered for a next-level driving experience. But NIO is more than just a car manufacturer; it is also working to create an ecosystem around its vehicles. NIO is involved in the provision of energy and service packages to its users, including home charging solutions, battery swapping services, and mobile charging services. NIO is also making strides in the auto financing and financial leasing services sectors. Headquartered in Shanghai and founded in 2014 under the name NextEV Inc., NIO is clearly positioning itself as a major player in the electric vehicle industry.

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Company facts
TickerNIO
ExchangeNYSE
Sector Consumer Cyclical
Industry Auto - Manufacturers
Employees5001-10,000