Nio, which had raised $2.1 billion in funding, went public in September 2018 on the New York Stock Exchange. Li, who owns just under 14% of auto maker Nio, holds a bachelor’s degree in sociology from Peking University.
The company’s CEO William Li is the largest shareholder with 10% of shares outstanding. In comparison, the second and third largest shareholders hold about 8.3% and 5.5% of the stock.
Who owns most NIO stock?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Baillie Gifford & Co. | 6.66% | 90,627,004 |
| BlackRock Fund Advisors | 2.94% | 40,080,452 |
| The Vanguard Group, Inc. | 2.76% | 37,577,373 |
| SSgA Funds Management, Inc. | 2.37% | 32,228,822 |
Who is the owner of NIO?
NIO
2021-03-04 – Tencent Holdings Ltd has filed an SC 13D/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 164,249,629 shares of Nio Inc (US:NIO). This represents 11.47 percent ownership of the company.
How much is William Li worth?
5.9 billion USD (2021)
Does NIO own NIO capital?
Lotus announced NIO Capital, the venture capital arm of NIO, as its investor, without disclosing the exact amount of investment or the valuation.William Li, founder of NIO and Managing Partner of NIO Capital, witnessed the launch of Lotus Technology.
Who makes batteries for NIO?
CATL
China’s Contemporary Amperex Technology Co Ltd, which supplies batteries to EV customers, including Tesla, Inc. (NASDAQ: TSLA) and NIO Inc.
Is NIO backed by Chinese government?
During the worst of the pandemic, Nio got a $1.4 billion investment from the Hefei government, integrating it into the local supply chain. The deal made no economic sense, but it solved the scaling problem. Nio could focus on technology and marketing. The government aid sent Nio stock to the moon.
Can you buy a Nio car?
The Chinese electric-vehicle maker NIO is one of the hottest EV stocks traded on U.S. exchanges, but it doesn’t sell any products in the U.S. That could change sooner than investors might expect.Still, it is early, and Yu’s financial model doesn’t include any U.S. sales for NIO even in 2025.
What percent of NIO does Tencent own?
As of July, Tencent owned a 16.3 per cent stake in NIO, the second-largest shareholder behind founder and chief executive William Li.
Does Baillie Gifford own NIO?
Baillie Gifford owned about 90.6 million shares in the Chinese electric vehicle company, which has recently started selling cars in Norway. Nio shares closed 1.06% higher at $40.03 a share on Tuesday.as well, lifting its stake up to 22.3 million shares about 12.5% of total outstanding shares.
The top institutional shareholders of NIO are Originalwish Ltd., Tencent Holdings Ltd., Baillie Gifford & Co., BlackRock Inc. (BLK), and Vanguard Group Inc. Because NIO is a foreign company, it doesn’t file Form 4s for its individual insider shareholders.
How much does a Nio car cost?
Nio’s entry-level sedan, the ET7, has a starting price of $58,500 with a 70 kilowatt-hour battery, which can take the car 310 miles. Nio plans a new ET7 model late next year with a much better battery that will double that range. The company emphasizes making its cars light, for better driving range.
How is the CEO of Nio?
William Li or Li Bin (Chinese: ??; pinyin: L? B?n; born August 9, 1974) is a Chinese business executive and entrepreneur. He is founder and CEO of the electric car manufacturer NIO. In June 2021, Bloomberg Billionaires Index estimated Li’s net worth to be US$7.11 billion.
| William Li | |
|---|---|
| Title | Chairman & CEO of NIO |
How long has Nio been in business?
NIO was founded in November 2014 as a global electric vehicle company. The company has over 7,000 employees working across world-class research and development, design and manufacturing centers in Shanghai, Beijing, San Jose, Munich, London and six other locations.
Who supplies lithium to NIO?
CATL
Tesla, Nio Battery Supplier CATL To Buy Miner Millennial Lithium In $300M Deal. Canada’s Millennial Lithium Corp.
Where does NIO buy their batteries?
CATL
Based on NIO CEO description of solid state battery partner as leading company in the market, CATL might also become its solid state battery supplier as it already supplies NIO with its batteries.
Who is the leading electric car company in China?
Chinese battery and electric car company BYD dominated the new energy vehicle best-sellers’ list in September, accounting for five of the top 15 cars sold, the passenger car association data showed. Xpeng’s P7 sedan ranked 10th, while none of Nio’s models made the top 15 list.
How much of NIO does China own?
NIO put its Chinese business in to a new entity and ended up owing about 76% of the legal entity. The strategic investorsincluding the local governmentended up with about 24%. The strategic investors put in some cash. Fast forward to February 2021, and NIO appears to be buying some of the 24% back.
Which is a better investment NIO or XPeng?
Thanks to the recent increase of the overall capacity, XPeng has better chances to significantly improve its deliveries in the following months and expand its market share. XPeng has better chances to appreciate in the following quarters, which makes its stock a better investment than NIO.