Nio

Nio refers to a Chinese electric vehicle (EV) manufacturer known for designing and producing smart, high-performance electric cars. Founded in 2014, the company focuses on the development of electric vehicles that incorporate advanced technology, including artificial intelligence and connectivity features. Nio is particularly recognized for its unique battery-swapping technology, allowing drivers to quickly replace a depleted battery with a fully charged one at dedicated stations. This innovation aims to alleviate concerns regarding charging time and driving range typically associated with electric vehicles. The company produces various models, including SUVs and sedans, and has garnered attention for its commitment to sustainable transportation solutions and its impact on the EV market, particularly in China.