NIO
NIO Inc.
🇨🇳 China
Chinese premium EV maker known for battery-swap infrastructure and three-row electric flagships. Owns the mass-market ONVO brand and the performance-focused Firefly city-car brand.
NIO models
NIO models and prices
| Model | Price from | Market | Body | Powertrain | Status |
|---|---|---|---|---|---|
| ES9 | ¥498,000(~$74,000) | ChinaJul 2026 | SUV | EV | On Sale |
Starting prices in the market each car is sold in, on the date shown. USD figures are approximate conversions.
News about NIO
NIO Q3 deliveries reach 109,178, ONVO falls 43%
The NIO brand grew 55% in September and Firefly set a record of 7,327, but ONVO fell 42.5%.
2 Oct 2026
Geely takes 30% of NIO Power in battery-swap deal
Geely pays 640 million yuan plus its Yiyi Power swap business for 30%. Zeekr says it has no swap models planned.
30 Sep 2026
China says its carmakers develop cars too fast
4 Sep 2026
About
NIO was founded in November 2014 as NextEV and renamed NIO Inc. in July 2017. The Shanghai-based company builds premium electric SUVs and sedans, and it is best known for a proprietary battery-swap network that lets owners exchange a depleted pack for a charged one in about three minutes rather than plugging in to charge.
The core NIO lineup spans sedans like the ET5 and ET9 and SUVs including the ES6, EC6, and the three-row flagship ES9. NIO Inc. also owns ONVO, a mass-market marque sharing the same NT platform family and swap infrastructure at lower price points, and Firefly, a compact city-car brand.
Global website nio.com
Frequently asked questions
Who owns NIO?
NIO is a publicly traded company.
What country are NIO cars from?
NIO is a Chinese brand, headquartered in Shanghai.
When was NIO founded?
NIO was founded in 2014.
What kind of cars does NIO make?
NIO makes premium electric SUVs and sedans.
What does NIO's battery-swap network offer?
NIO operates its own network of battery-swap stations across China where a depleted pack can be exchanged for a charged one in around three minutes. Owners can also subscribe to Battery-as-a-Service (BaaS), which lowers the purchase price in exchange for a monthly battery rental fee.
What other brands does NIO own?
NIO Inc. also owns ONVO, a mass-market EV brand launched in 2024 that shares NIO's NT platform and swap network at lower price points, and Firefly, a compact city-car brand introduced in 2025.