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Share-based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-based Compensation |
Schedule of compensation expenses recognized for share based awards granted | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31,
​ |  | 2020 |  | 2021 |  | 2022
Cost of sales |  | 5,564 | ​ | 34,009 | ​ | 66,914
Research and development expenses |  | 51,024 | ​ | 406,940 | ​ | 1,323,370
Selling, general and administrative expenses |  | 130,506 | ​ | 569,191 | ​ | 905,612
Total |  | 187,094 | ​ | 1,010,140 | ​ | 2,295,896
​
Schedule of stock option activity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Weighted |  | Weighted |  | ​
​ | ​ | Number of | ​ | Average | ​ | Average | ​ | Aggregate
​ | ​ | Options | ​ | Exercise | ​ | Remaining | ​ | Intrinsic
​ |  | Outstanding |  | Price |  | Contractual Life |  | Value
​ | ​ | ​ | ​ | US$ | ​ | In Years | ​ | US$
Outstanding as of December 31, 2019 |  | 88,843,972 | ​ | 2.38 | ​ | 6.77 | ​ | 164,363
Granted |  | 16,077,700 | ​ | 8.09 | ​ | — | ​ | —
Exercised | ​ | (15,253,500) | ​ | 1.55 | ​ | — | ​ | —
Cancelled |  | (9,030,781) | ​ | 3.02 | ​ | — | ​ | —
Expired |  | (1,318,892) | ​ | 4.49 | ​ | — | ​ | —
Outstanding as of December 31, 2020 |  | 79,318,499 | ​ | 3.59 | ​ | 6.39 | ​ | 3,581,119
Granted |  | 2,468,150 | ​ | 13.89 | ​ | — | ​ | —
Exercised |  | (9,119,048) | ​ | 2.31 | ​ | — | ​ | —
Cancelled |  | (2,143,711) | ​ | 12.59 | ​ | — | ​ | —
Expired |  | (25,940) | ​ | 19.03 | ​ | — | ​ | —
Outstanding as of December 31, 2021 |  | 70,497,950 | ​ | 4.76 | ​ | 5.44 | ​ | 1,944,597
Granted |  | 1,685,000 | ​ | 3.03 | ​ | — | ​ | —
Exercised |  | (4,533,690) | ​ | 2.58 | ​ | — | ​ | —
Cancelled |  | (1,197,777) | ​ | 10.76 | ​ | — | ​ | —
Expired |  | (467,608) | ​ | 12.03 | ​ | — | ​ | —
Outstanding as of December 31, 2022 |  | 65,983,875 | ​ | 3.57 | ​ | 4.51 | ​ | 465,353
Vested and expected to vest as of December 31,2022 |  | 65,832,596 | ​ | 3.56 | ​ | 4.51 | ​ | 464,324
Exercisable as of December 31, 2022 |  | 55,898,588 | ​ | 3.22 | ​ | 4.49 | ​ | 396,734
​
Schedule of share options to employees | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Weighted | ​ | Weighted | ​ | ​
​ | ​ | Number of | ​ | Average | ​ | Average | ​ | Aggregate
​ | ​ | Options | ​ | Exercise | ​ | Remaining | ​ | Intrinsic
​ | ​ | Outstanding | ​ | Price | ​ | Contractual Life | ​ | Value
​ |  | ​ |  | US$ |  | In Years |  | US$
Outstanding as of December 31, 2020 |  | — |  | — |  | — |  | —
Granted |  | 31,931,249 |  | 0.00001 |  | — |  | —
Outstanding as of December 31, 2021 |  | 31,931,249 |  | 0.00001 |  | 9.84 |  | 35,888
Vested | ​ | (1,387,401) | ​ | 0.00001 | ​ | — | ​ | —
Outstanding as of December 31, 2022 | ​ | 30,543,848 | ​ | 0.00001 | ​ | 8.84 | ​ | 34,337
​
NIO Incentive Plans |
Share-based Compensation |
Schedule of weighted average assumptions used | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended December 31, | ​
​ |  | 2020 |  | 2021 |  | 2022 |
Exercise price (US$) |  | 2.38 | ​ | - | 48.45 | ​ | 2.39 | ​ | - | 42.20 |  | 2.39 | ​ | - | 19.91 | ​
Fair value of the ordinary shares on the date of option grant (US$) |  | 2.38 | ​ | - | 48.45 | ​ | 39.54 | ​ | - | 42.20 |  | 10.34 | ​ | - | 19.61 | ​
Risk-free interest rate |  | 0.50 | % | - | 1.00 | % | 1.08 | % | - | 1.47 | % | 2.50 | % | - | 2.56 | %
Exercise multiple | ​ | ​ | ​ | ​ | 2.5 | x | ​ | ​ | ​ | 2.5 | x | ​ | ​ | ​ | 2.5 | x
Expected dividend yield |  | ​ | ​ | ​ | 0 | % | ​ | ​ | ​ | 0 | % | ​ | ​ | ​ | 0 | %
Expected volatility |  | 54 | % | - | 55 | % | ​ | ​ | ​ | 55 | % | ​ | ​ | ​ | 56 | %
Expected forfeiture rate (post-vesting) |  | 2 | % | - | 6 | % | ​ | ​ | ​ | 2 | % | ​ | ​ | ​ | 1.5 | %
​
AA Plan |
Share-based Compensation |
Schedule of weighted average assumptions used | ​
​ | ​ | ​ | ​
​ |  | For the Year Ended |
​ | ​ | December 31, |
​ | ​ | 2021 and 2022 |
Fair value of the ordinary shares on the date of option grant (US$) |  | 1.00-1.01 | ​
Risk-free interest rate |  | 1.58 | %
Expected term (in years) |  | 10 | ​
Expected dividend yield |  | 0 | %
Expected volatility |  | 52 | %
Expected forfeiture rate (post-vesting) |  | 2 | %
​
US employees under 2016 plan | NIO Incentive Plans |
Share-based Compensation |
Schedule of restricted shares activity | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Number of Restricted | ​ | Weighted Average
​ |  | Shares Outstanding |  | Grant Date Fair Value
​ | ​ | ​ | ​ | US$
Unvested at December 31, 2019 and December 31, 2020 |  | — | ​ | —
Grant | ​ | 1,179,976 | ​ | 41.87
Vested |  | (1,728) | ​ | 41.53
Forfeited |  | (40,052) | ​ | 40.09
Unvested at December 31, 2021 |  | 1,138,196 | ​ | 41.93
Grant | ​ | 2,353,714 | ​ | 16.00
Vested |  | (291,069) | ​ | 36.44
Forfeited |  | (232,483) | ​ | 29.70
Unvested at December 31, 2022 |  | 2,968,358 | ​ | 23.87
​
Non-US employees under 2016, 2017 and 2018 plan | NIO Incentive Plans |
Share-based Compensation |
Schedule of restricted shares activity | ​
​ | ​ | ​ | ​ | ​
​ | ​ | Number of Restricted | ​ | Weighted Average
​ |  | Shares Outstanding |  | Grant Date Fair Value
​ | ​ | ​ | ​ | US$
Unvested at December 31, 2020 |  | 1,735,744 | ​ | 40.05
Granted | ​ | 22,551,227 | ​ | 36.55
Vested | ​ | (841,014) | ​ | 39.81
Forfeited | ​ | (546,016) | ​ | 36.22
Unvested at December 31, 2021 | ​ | 22,899,941 | ​ | 33.02
Granted | ​ | 31,944,551 | ​ | 15.12
Vested | ​ | (4,687,528) | ​ | 34.49
Forfeited | ​ | (3,172,211) | ​ | 28.42
Unvested at December 31, 2022 | ​ | 46,984,753 | ​ | 22.88
​

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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