NIO

About

NIO is an automotive company that designs and develops electric autonomous vehicles.

Shanghai,Shanghai,China
5001 - 10000
https://www.nio.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $316M
Industries: Automotive,Autonomous Vehicles,Electric Vehicle,Electronics,Transportation
Founded date: Nov 1, 2014
Number Of Employee: 5001 - 10000
Operating Status: Active
Stock Symbol: sgx:NIO
Legal Name: Shanghai Weilai Automobile Co., Ltd
Also Known As: NIO LIMITED,NextCar,蔚来,Weilai,上海蔚来汽车有限公司,nextev

NIO Inc. is a pioneer in China’s premium smart electric vehicle market. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. NIO officially launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and plans to commence deliveries in 2020.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

11

$3.98B ¥10B

NIO has raised a total of $3.98B ¥10B in funding over 2 rounds. Their latest funding was raised on May 20, 2022 from a IPO round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 20, 2022	IPO	—	—	—	—	Detail
Apr 29, 2020	Post-IPO Equity	$1B	3	Hefei City Construction and Investment Holding Group	—	Detail
Mar 6, 2020	Post-IPO Debt	$235M	—	—	—	Detail
Feb 14, 2020	Post-IPO Debt	$100M	—	—	—	Detail
Sep 8, 2019	Post-IPO Debt	$200M	2	Tencent William Li	—	Detail

Investments

Number of Investments

Number of Lead Investments

6

1

NIO has made 6 investments. Their most recent investment was on Sep 28, 2022, when Greenwing Resources raised $12M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Sep 28, 2022 Greenwing Resources	Post-IPO Equity	$12M	Advanced Materials	Yes
Oct 28, 2020 The Graph	Initial Coin Offering	$12M	Blockchain	—
Jul 15, 2020 Aave	Initial Coin Offering	$3M	Blockchain	—
Sep 17, 2017 Kyber Network	Initial Coin Offering	$60M	Cryptocurrency	—
Jul 13, 2017 Tezos	Initial Coin Offering	$232M	Blockchain	—

Investors

Number of Lead Investors

Number of Investors

14

29

NIO is funded by 29 investors. Hefei City Construction and Investment Holding Group and Tencent are the most recent investors.

Investor Name	Lead Investor	Funding Round
Hefei City Construction and Investment Holding Group	Yes	Post-IPO Equity
Tencent	Yes	Post-IPO Debt
William Li	Yes	Post-IPO Debt
Beijing E-town International Investment & Development	Yes	Post-IPO Equity
Baillie Gifford	Yes	Post-IPO Equity
Baidu	Yes	Series C
Lenovo	Yes	Series B
HOPU Investment Management Company	Yes	Series B
Joy Capital	Yes	Series B
Sequoia Capital China	Yes	Series B