NIO Inc. is a Chinese electric vehicle (EV) manufacturer founded in 2014 and headquartered in Shanghai. The company specializes in premium smart EVs and offers a range of models under its NIO brand, as well as the ONVO brand targeting family-oriented consumers. In 2024, NIO reported annual revenues of approximately $13.8 billion, reflecting a 51.4% increase year-over-year. Key competitors include Tesla, XPeng, and Li Auto.
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