Is NIO a Joint Venture or a Domestic Car?
1 Answers
NIO is a domestic car. Here is the relevant introduction: Background of NIO: NIO is a globally positioned startup brand that has established R&D, design, production, and business operations in 13 locations, including San Jose, Munich, London, and Shanghai. It brings together thousands of top-tier talents in the automotive, software, and user experience industries and has initially built a nationwide user service system in the Chinese market. Advantages of NIO: NIO's competitive edge lies in its superior product advantages (performance, range, intelligence, appearance, and interior) compared to fuel-powered vehicles and its unique service level. Its distinctive multi-mode battery swapping and charging capabilities provide unparalleled competitiveness.