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NIO Inc., established in 2014 and headquartered in Shanghai, China, is an innovative automotive company that was formerly known as NextEV Inc. until its rebranding in July 2017. The company specializes in the design, development, manufacturing, and sale of intelligent electric vehicles primarily within the Chinese market. Its product portfolio encompasses a range of electric SUVs, available in five, six, and seven-seat configurations, alongside advanced electric sedans.