NIO Inc.
NIO was founded in 2014 by William Li with funding from Tencent, Sequoia, and Hillhouse. The 2017 ES8 SUV launched the brand alongside an unusual user-experience play: NIO Houses (lounges for owners), the NIO Power battery-swap network, and a software-led approach to ownership. The 2018 NYSE IPO raised $1 billion at a $6.4 billion valuation.
NIO's Q1 2026 delivered $25.5B in revenue — up 112.2% versus the same quarter a year ago. Net margin held at -1.9%. Shares currently trade at EV/EBITDA of -38.6. Analyst consensus leans buy (1.92/5).
NIO was founded in 2014 by William Li with funding from Tencent, Sequoia, and Hillhouse. The 2017 ES8 SUV launched the brand alongside an unusual user-experience play: NIO Houses (lounges for owners), the NIO Power battery-swap network, and a software-led approach to ownership. The 2018 NYSE IPO raised $1 billion at a $6.4 billion valuation.