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NIO

NIO

NIO manufactures and markets electric vehicles. It offers electric cars under EP9, EVE, and ES8 brand names.

OVERVIEW

Category
Auto
Headquarter
Shanghai, China
Founded Time
Nov. 1, 2014
Latest Funding
IPO
Company Size
1001-5000
Also Known As
NIO LIMITED, NextCar, 蔚来, Weilai
Legal Name
NIO Inc.
Name (Chinese)
NIO
Legal Name (Chinese)
上海蔚来科技有限公司
Website
Email Address
press@nio.io
Phone Number
(408) 518-7000
Read More

FUNDING

Number of Funding Rounds 7
Total Funding Amount USD 3.41B
Announcement Date Funding Round Funding Raised Lead Investor(s)
Sep. 12, 2018 IPO 1.00B NA
Nov. 9, 2017 Series D 1.10B Tencent Holdings, Lone Pine Capital, China Asset Management Co., Ltd, CITIC Capital Holdings, Baillie Gifford
Mar. 16, 2017 Series C 645.70M Tencent Holdings, Baidu, TPG, NewMargin Ventures, Lenovo Capital and Incubator Group, IDG Capital, Hillhouse Capital Group, Haitong International Securities Group, GIC, Everbright-IDG Industrial Fund
Jul. 21, 2016 Series B 316.00M Tencent Holdings, Temasek Holdings, TPG, MSA Capital, Lenovo, Joy Capital, Hillhouse Capital Group, HOPU Investment Management Company, Sequoia Capital China
Mar. 18, 2015 Series A 347.40M Smart Group, Shunwei Capital, Sequoia Capital China, Padmasree Warrior, Joy Capital, Hillhouse Capital Group
Announcement Date

Sep. 12, 2018

Funding Round

IPO

Funding Raised

1.00B

Lead Investor(s)

NA

Announcement Date

Nov. 9, 2017

Funding Round

Series D

Funding Raised

1.10B

Lead Investor(s)

Tencent Holdings, Lone Pine Capital, China Asset Management Co., Ltd, CITIC Capital Holdings, Baillie Gifford

Announcement Date

Mar. 16, 2017

Funding Round

Series C

Funding Raised

645.70M

Lead Investor(s)

Tencent Holdings, Baidu, TPG, NewMargin Ventures, Lenovo Capital and Incubator Group, IDG Capital, Hillhouse Capital Group, Haitong International Securities Group, GIC, Everbright-IDG Industrial Fund

Announcement Date

Jul. 21, 2016

Funding Round

Series B

Funding Raised

316.00M

Lead Investor(s)

Tencent Holdings, Temasek Holdings, TPG, MSA Capital, Lenovo, Joy Capital, Hillhouse Capital Group, HOPU Investment Management Company, Sequoia Capital China

Announcement Date

Mar. 18, 2015

Funding Round

Series A

Funding Raised

347.40M

Lead Investor(s)

Smart Group, Shunwei Capital, Sequoia Capital China, Padmasree Warrior, Joy Capital, Hillhouse Capital Group

UPDATES

NYSE-Listed NIO Is Said to Board on Chinese STAR Market
Caught in capital crunch, the electric vehicle maker is working on going public on Chinese STAR Market for more fundraising.

Caught in capital crunch, the electric vehicle maker is working on going public on Chinese STAR Market for more fundraising.

NIO CEO William Li Responds to Layoff Rumors
Chinese electric carmaker NIO CEO William Li replied to the company’s layoff rumors, saying it needs to optimize management efficiency amid a broad slowdown in auto markets. NIO is going through what Tesla has been through.

Chinese electric carmaker NIO CEO William Li replied to the company’s layoff rumors, saying it needs to optimize management efficiency amid a broad slowdown in auto markets. NIO is going through what Tesla has been through.

NIO and Razer Team up to Assemble a Limited Addition SUV
NIO and Razer, widely known for its gaming laptops, have announced a cross-platform partnership

NIO and Razer, widely known for its gaming laptops, have announced a cross-platform partnership

NIO Cut 1,000 Jobs in Recent Months, Joining Global Peers
Under pressure of big financial losses, NIO has slashed 1,000 jobs globally since January this year.

Under pressure of big financial losses, NIO has slashed 1,000 jobs globally since January this year.

Exclusive: NIO Seeks Funding for NIO Power
NIO is seeking a deal with investors that would invest billions of yuan in its spin-off NIO Power. It highlighted the challenges of delivering EVs amid fierce competitions from local rivals like Xpeng Motors and WM Motor, and phasing-out subsidies in China.

NIO is seeking a deal with investors that would invest billions of yuan in its spin-off NIO Power. It highlighted the challenges of delivering EVs amid fierce competitions from local rivals like Xpeng Motors and WM Motor, and phasing-out subsidies in China.

Where Will NIO Be?
The "elimination competition" of new energy automobile market has been officially kicked off. For NIO, success or death.

The "elimination competition" of new energy automobile market has been officially kicked off. For NIO, success or death.

NIO's Software Director Zhuang Li Quits
Zhuang Li joined NIO as Vice President of NIO software development (China) in July 2016, responsible for the Internet of Vehicles business, TSP (Telematics Service Provider) and so on.

Zhuang Li joined NIO as Vice President of NIO software development (China) in July 2016, responsible for the Internet of Vehicles business, TSP (Telematics Service Provider) and so on.

NIO Announces Recall of 4,803 Cars
Due to the recent battery accidents, NIO plans to recall batches of ES8 electric cars with potential battery problems.

Due to the recent battery accidents, NIO plans to recall batches of ES8 electric cars with potential battery problems.

READ MORE

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