NIO Inc Class A

09866: XHKG (HKG)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Nio Is a Leading Premium NEV Manufacturer Benefiting From the Consumption Upgrade Trend

Vincent Sun

Sep 3, 2025

Business Strategy and Outlook

Nio is a leading electric vehicle, or EV, manufacturer in China, targeting the premium segment. Its current model portfolio’s suggested retail prices range from CNY 207,000 to CNY 598,000, with a 465-710 km driving range. It also launched a new mass-market brand in 2024 to seize robust demand while retaining Nio’s premium image.

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NIO Inc Class A

Nio Is a Leading Premium NEV Manufacturer Benefiting From the Consumption Upgrade Trend

Business Strategy and Outlook

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