NIO today announced the launch of its 1,000th mass-produced car. Li Bin, founder, chairman and CEO of NIO, and Qin Lihong, co-founder and president of NIO, spoke with the media. Regarding the launch of the 1,000th mass-produced car, Li Bin said that NIO can affirm itself by reaching this scale, but on the other hand, putting 1 million units in the automobile industry is insignificant. This amount is still a very small company in the pattern of the Chinese automobile industry, and NIO has no reason to think east or west. He said that in the next cycle, NIO will become the most practical company. Can NIO's share in China reach 5% or 10%? Next, everyone will see a more down-to-earth NIO. “Long-term doctrine is not an excuse for short-term execution; NIO is now one of the companies with the most detailed accounts.” he said.

NIO today announced the launch of its 1,000th mass-produced car. Li Bin, founder, chairman and CEO of NIO, and Qin Lihong, co-founder and president of NIO, spoke with the media. Regarding the launch of the 1,000th mass-produced car, Li Bin said that NIO can affirm itself by reaching this scale, but on the other hand, putting 1 million units in the automobile industry is insignificant. This amount is still a very small company in the pattern of the Chinese automobile industry, and NIO has no reason to think east or west. He said that in the next cycle, NIO will become the most practical company. Can NIO's share in China reach 5% or 10%? Next, everyone will see a more down-to-earth NIO. “Long-term doctrine is not an excuse for short-term execution; NIO is now one of the companies with the most detailed accounts.” he said.