EV Magazine November 2024 | Page 43

NIO
TOP 10 – TECH COMPANIES IN EV

08

FOUNDED
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NIO

REVENUE : US $ 7.6BN EMPLOYEES : 32,820 CEO : WILLIAM LI
: 2014
NIO is a Chinese EV startup redefining the premium EV market with its sleek lineup of SUVs , like the ES8 , ES6 and EC6 and innovative technology . Known for its pioneering battery swapping stations , NIO offers a quick and convenient solution for recharging and tackling range anxiety head-on . Its “ Battery as a Service ” model further lowers entry costs for buyers . With its expansion into Europe and beyond , as well as its focus on advanced driver-assistance systems and AI-powered in-car assistants , NIO is establishing itself as a leader in the global EV arena .
William Li , CEO , NIO