NIO is a Chinese multinational automobile manufacturer specializing in designing and developing electric vehicles. The company, founded in 2014, is one of the most prominent electric vehicle startups in China and is often referred to as the “Tesla of China.”

NIO has gained significant attention for its innovative approach to electric vehicles, including high-performance models and unique services such as battery swap technology. This technology allows NIO vehicle owners to quickly replace a depleted battery with a fully charged one, rather than waiting for the battery to recharge.