The NIO 333 FE Team is a motor racing team currently competing in the FIA Formula E Championship, an electric racing series. The team is currently owned by Lisheng Racing. The team, previously competing under the names China Racing, NEXTEV TCR, NEXTEV NIO and NIO Formula E Team, has participated in the FIA Formula E Championship ever since its inaugural season, winning the first FIA Formula E Drivers' Championship with Nelson Piquet Jr.
History
China Racing was the second team to announce its involvement in Formula E, back in March 2013.
2014–15 season
China Racing announced Nelson Piquet Jr. and Ho-Pin Tung as their drivers for the inaugural season. Over the course of the season, the team has used multiple drivers in the car no. 88, with Tung taking part in three rounds, Antonio García in two rounds, Charles Pic in four rounds, before ultimately picking Oliver Turvey for the final double-header weekend in London. Piquet, on the other hand, completed the full season and managed to win the championship in the final race of the season. In 2015, the China Racing name and branding had phased out. For the Long Beach ePrix, the team introduced radical changes to their livery, removing the red and yellow which has been previously associated with the team and replacing it with NEXTEV branding. The move was finalised in the following round in Monaco, which the team entered as NEXTEV TCR instead of China Racing. Despite Piquet winning the championship, NEXTEV TCR only finished fourth in Teams' Championship, as his teammates only added 8 points, the team scoring 152 points in total.
2015–16 season
NEXTEV TCR chose to develop their own powertrain for the second season and began testing it in the summer of 2015. The team also confirmed Piquet, who was signed on a multi-year deal. Turvey was later confirmed as Piquet's teammate for the season. In 2016, NEXTEV acquired the whole team, which at the time was still partially owned by Team China Racing. The 2015–16 season was a disappointment for the team. Piquet and Turvey only scored 19 points in total, falling down to ninth place in Teams' Championship, only ahead of Trulli, who withdrew from the championship in its early stages. Turvey scored the team's best season result with a sixth place at the first round in Beijing.
2016–17 season
Piquet and Turvey were retained for the 2016–17 season. The team, previously operated byCampos Racing, was set to form its own operational and engineering team, led by Gerry Hughes. A new branding, NEXTEV NIO, was introduced for the season. While the team's performance was an improvement over the previous season, it was still unable to compete for either of the Drivers' and Teams' Championships, despite setting pole positions in Hong Kong and Mexico City. NEXTEV NIO would finish sixth with 59 points.
2017–18 season
Piquet left the team after a performance clause allowed him to exit the team for Jaguar. Luca Filippi was announced as his replacement, while Turvey stayed with the team. Ma Qinghua joined the team as a reserve driver. During the season, he subbed for Filippi in Paris and Turvey in New York, who was forced to withdraw from the double-header after a hand injury. The NextEV brand was slowly phasing out as the team now competed under the name NIO Formula E Team. The NextEV brand stayed in the name of the powertrain. NIO cemented their position at the back of the grid and only finished eighth in Teams' Championship with 47 points. Turvey, however, managed a podium finish with a second place in Mexico City.
and Oliver Turvey were announced as the driver pairing for the 2018–19 season, meaning Turvey would compete for the team for a fourth straight full season. The NextEV brand remained on the car, but the powertrain only featured NIO in its name. The season would prove to be the biggest disappointment to date as the team only accumulated 7 points over the course of the season, all of them with Turvey, placing them last in Teams' Championship.
2019–20 season
The team is set to undergo another rebrand, this time due to it being sold to Lisheng Racing. On 10 September 2019, the definitive entry list was revealed, in which the team was listed under the name NIO 333 FE Team. The team will not be using its own powertrains and it instead acquired last year's powertrain from GEOX Dragon. NIO, however, keep their manufacturer status due to their new powertrain being homologated as such by the FIA in late August. Ma Qinghua made his return alongside the mainstay Turvey.
