NIO Inc

NIO Inc designs develops manufactures and sells smart electric vehicles in China It offers five six and sevenseater electric SUVs as well as smart electric sedans The company is also involved in the provision of energy and service packages to its users design and technology development activities manufacture of epowertrains battery packs and components and sales and after sales management activities In addition it offers power solutions including Power Home a home charging solution Power Swap a battery swapping service Power Charger a fastcharging solution Power Mobile a mobile charging service through charging vans Power Map an application that provides access to a network of public chargers and their realtime information and One Click for Power valet service where it offers vehicle pick up charging and swapping services Further the company provides repair maintenance and bodywork services through its NIO service centers and authorized thirdparty service centers statutory and thirdparty liability insurance and vehicle damage insurance through thirdparty insurers courtesy vehicle services roadside assistance data packages and auto financing and financial leasing services Additionally it offers NIO Certified a used vehicle inspection evaluation acquisition and sales service The company was formerly known as NextEV Inc and changed its name to NIO Inc in July 2017 NIO Inc was incorporated in 2014 and is headquartered in Shanghai China