Are Li Auto and NIO the same company?
1 Answers
Li Auto and NIO are not the same company. Both Li Auto and NIO are domestic new energy vehicle manufacturers, but Li Auto manufactures extended-range electric vehicles, while NIO manufactures pure electric vehicles. Li Auto is a Chinese new energy vehicle manufacturer that designs, develops, manufactures, and sells luxury intelligent electric vehicles. It was founded in July 2015 and provides safe and convenient products and services for family users through product innovation and technological research and development. Li Auto's first product, the Li ONE, was launched in October 2018. It is an intelligent electric mid-to-large SUV equipped with leading extended-range electric technology and intelligent features, offering a comfortable 6-seater space for family users. Li Auto is a pure intelligent electric vehicle brand with the concept of creating intelligent electric vehicles without range anxiety for users. The way Li Auto achieves this concept is by manufacturing extended-range electric vehicles. Extended-range technology involves using a fuel engine to charge the battery pack, which then powers the electric motor to drive the vehicle. NIO is a global intelligent electric vehicle brand founded in November 2014. Its main products include the NIO ES6, NIO ES8, NIO EVE, and NIO EP9.