NIO established WeiLeYing Automobile Sales and Service Company

Beijing Weileying Automobile Sales and Service Co., Ltd. was established with Chen Tianyang as the legal representative and registered capital of RMB 5 million. Its business scope includes sales of new energy vehicle complete vehicles, sales of new energy vehicle electrical accessories, sales of new energy vehicle battery replacement facilities, operation of electric vehicle charging infrastructure, sales of charging piles, sales of motor vehicle charging, and battery sales.