The company focuses on innovation and advanced tech to set itself apart from the competition. For example, NIO is a pioneer in EV battery swapping. NIO is expanding the tech as other automakers join in.

Geely, the parent company behind Volvo, Polestar, and others, was the most recent to reveal a partnership to help develop the network.

Meanwhile, NIO’s latest accomplishment may be its most impressive so far. The EV maker revealed the ET7 electric sedan powered by its new 150 kWh battery achieved 1,044 km (650 miles) CLTC range on a single charge. And it still had 3% battery capacity remaining.

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