NIO History
NIO (NextEV) was founded in November 2014 by William Li, who invested his entire ~$150 million fortune. Backed by Tencent, Temasek, and Sequoia Capital with $2 billion+ pre-IPO funding. The EP9 set a Nürburgring record in 2016.
NIO went public on NYSE in September 2018, raising $1 billion. After near-collapse in 2019-2020, a critical ~$1 billion rescue from Hefei city government saved the company.
Robotics ambitions emerged in 2023 with a humanoid robot team, testing robots on factory lines for quality inspection. In 2025, NIO registered trademarks extending NOMI to humanoid robots.
NIO's 3,700+ battery-swap stations and 90 million+ cumulative swaps position it to potentially provide energy solutions for humanoid robots.