Shenji, a wholly controlled chip subsidiary of electric-vehicle maker Nio, focuses on developing high-performance system-on-chips for intelligent driving. Its first product, the Shenji NX9031, entered mass production in 2024 and has already shipped more than 150,000 units, largely to Nio’s own vehicle lines. Building on this momentum, the division plans to release ultra-high-performance chips for next-generation autonomous driving and several additional chips targeting embodied robotics, agent reasoning, and other artificial-intelligence hardware needs. Nio views the chip operation as strategic to reducing reliance on Nvidia and other external suppliers while supporting its 2026 profitability goal. The company has poured “billions of yuan” into R&D since 2021, an investment it equates to the cost of constructing 1,500 battery-swap stations. By opening the business to outside investors, Nio aims to lessen the capital burden while positioning Shenji to supply third-party customers. Post-investment, Nio retains management control with a 62.7% stake, and 10% of equity is set aside for an employee stock-incentive pool.

Total raised

$2.3B

Funding rounds

3

Latest round

Equity

Latest activity

Feb 2026