NIO Group is a holding company mainly engaged in the design, development, manufacturing and sales of smart electric vehicles. The company's "NIO" brand focuses on high-end smart electric vehicles, the "Ledao" brand focuses on home smart electric vehicles, and the "Firefly" brand provides smart electric high-end cars. The company focuses on building self-research capabilities in areas including battery swapping, intelligent assisted driving, digital technology, electric powertrain and battery, automotive engineering and design, to control the design and development of vehicle software and hardware architecture and key product components. 

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