NIO is a Chinese electric vehicle (EV) manufacturer founded in 2014. The company specializes in designing and producing high-performance electric cars, including SUVs and sedans. NIO aims to provide innovative technology and sustainable transportation solutions, competing with other EV makers like Tesla. One of NIO's notable features is its battery-swapping technology, which allows drivers to quickly exchange depleted batteries for fully charged ones at designated stations. This system addresses concerns about charging time and range anxiety, making electric vehicles more convenient for users. NIO also focuses on autonomous driving and smart connectivity in its vehicles.