CAERI Competitors

NIO is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a sustainable and brighter future together. NIO aims to build a community starting with smart electric vehicles to share joy and grow together with users. NIO designs, develops, jointly manufactures and sells premium smart electric vehicles, driving innovations in next-generation technologies in autonomous driving, digital technologies, electric powertrains and batteries. NIO differentiates itself through its continuous technological breakthroughs and innovations, such as its industry-leading battery swapping technologies, Battery as a Service, or BaaS, as well as its proprietary autonomous driving technologies and Autonomous Driving as a Service, or ADaaS. NIO’s models for sale include the all-new smart electric flagship SUV ES8, the smart electric flagship coupe SUV EC7, the smart electric mid-large SUV ES7, the smart electric flagship sedan ET7, the all-new smart electric all-round SUV ES6, the all-new smart electric coupe SUV EC6, the smart electric mid-sized sedan ET5, and the smart electric tourer ET5T.

FAW Group is a global leader in the vehicle manufacturing industry with a 60-year history of innovation. Founded in 1953, FAW employs 120,000 people around the world and sells products in over 70 countries. As China's state-owned automotive corporation, the company's total assets are valued at 244.575 billion yuan RMB. FAW is a diversified maker of quality light, medium, and heavy-duty trucks, automobiles, municipal buses and luxury tourist coaches, custom bus chassis, and mini-vehicles with total sales in excess of 18 million vehicles worldwide. FAW Group Corporation is headquartered in China's northern city of Changchun, Jilin Province. FAW Group's domestic production facilities, subsidiaries, and engineering development and test centers are located in 18 locations throughout China. Manufacturing plants are located in northeastern China's Jilin, Liaoning and Heilongjiang provinces, eastern China's Shandong province and Tianjin municipality, southern China's Guangxi and Hainan provinces, and southwestern China's Sichuan and Yunnan provinces. Products include a full range of passenger cars; light, medium, and heavy trucks; coach chassis; municipal transit and intercity buses; luxury tourist coaches; mini vehicles; engines; transmissions; axles; and components. FAW maintains the lead market position within China while continuing to expand into new international markets, executing a carefully planned strategy to build a comprehensive global organization. We are dedicated to the core value that total customer satisfaction is our number one priority. As a global player with a sales volume now over two million units per year, we take advantage of the latest cutting edge technologies, production methods, and management practices to bring our customers the latest in automobile, truck, and bus design.