WILLIAM Li

WILLIAM
Li

Founder of NIO

NIO

Date of Birth 9 August 1974

Age 51 years old

In the rating #63 Founder

Connections 2

Content

Biography

William Li or Li Bin is a Chinese business executive and entrepreneur. The founder and CEO of the electric car manufacturer NIO. In November 2020 Forbes estimated Li's net worth to be US$8.1 billion. Li has co-founded and invested in over 40 companies in the internet and automotive industries.

Early life and education

Li was born in 1974 in Anhui on a dairy farm, he worked and attended school. From age 7 he and his family saved money so Li could attend university. Li attended Peking University where he received his bachelor's degree in computer science, sociology and a minor in law.

Career

Bitauto Holdings Ltd.

Bitauto Holdings Ltd. was founded by Li in 2000. It was Li's first major company where he served as CEO and chairman. He sold the company in 2013.

NIO

In November 2014 Li founded NIO a luxury electric car manufacturer looking to break into the enormous Chinese automotive industry. After the companies launch numerous other companies invested most notable of which included: Tencent, Temasek, Baidu, Lenovo and TPG. By 2016 NIO saw nearly one billion in investments by its partners and later that year they saw the debut of a two-door coupé the NIO EP9. The development took nearly 18 months.

In a 2019 interview with 60 Minutes Li announced NIO produced 10,000 units in 2017 and 14,000 in 2018. Li also said the company were hoping to deliver 20,000 or more units in 2019.

In 2018 the company went public opening at the New York Stock Exchange with Li ringing the bell.

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Mentions in the news

Tesla's rival Nio has unveiled its first premium sedan ET7, with delivery starting&n...
11 January 2021
Tesla's competitors Chinese rivals Tesla: Nio, Li Auto and Xpeng have reported a sur...
5 January 2021

Born in one day

Date of Birth: 09.08.1974. Age: 51. Zodiac sign: Leo (Tiger) .
This day is celebrated: Veep Day.
Horoscope Leo: horoscope for today, horoscope for tomorrow, horoscope for week, horoscope for month, horoscope for year.
Days left until next birthday: 114 Days.
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