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Nio Inc. (simplified Chinese: 蔚来; traditional Chinese: 蔚來; pinyin: Wèilái ; stylised as NIO ) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The company has raised over $5 billion from investors. In 2021, Nio announced plans to expand to 25 different countries and regions by 2025.
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