Li Bin, founder, chairman and CEO of NIO, and Li Shufu, chairman of Geely Holding Group, had a conversation at the 2026 World Internet Conference · Wuzhen Cafe · Auto Night Talk. This was the first public dialogue between the two sides since NIO and Geely Holdings reached a strategic cooperation on charging and switching on September 28. Regarding the strategic cooperation between the two sides, Li Bin said that NIO has always hoped to reach a cooperation with a global automobile company; instead of choosing an external car company, it would be better to join hands with domestic peers. Reaching a strategic cooperation on charging and switching with Geely. From signing the strategic framework two years ago to reaching a very three-dimensional close cooperation at the capital, technology, product, and operation levels this year, it is the result of careful consideration between the two sides. Li Bin believes that China's automobile has been in an incremental era for the past 20 years, but now it has entered an era of stock competition, and a shift in thinking is needed. “In this new paradigm, the need for cooperation and commercial rationality among car companies is much greater than before. If all the leaders of Chinese automobile companies can stand on a higher level and promote cooperation, the Chinese automobile industry has a great opportunity.”

Li Bin, founder, chairman and CEO of NIO, and Li Shufu, chairman of Geely Holding Group, had a conversation at the 2026 World Internet Conference · Wuzhen Cafe · Auto Night Talk. This was the first public dialogue between the two sides since NIO and Geely Holdings reached a strategic cooperation on charging and switching on September 28. Regarding the strategic cooperation between the two sides, Li Bin said that NIO has always hoped to reach a cooperation with a global automobile company; instead of choosing an external car company, it would be better to join hands with domestic peers. Reaching a strategic cooperation on charging and switching with Geely. From signing the strategic framework two years ago to reaching a very three-dimensional close cooperation at the capital, technology, product, and operation levels this year, it is the result of careful consideration between the two sides. Li Bin believes that China's automobile has been in an incremental era for the past 20 years, but now it has entered an era of stock competition, and a shift in thinking is needed. “In this new paradigm, the need for cooperation and commercial rationality among car companies is much greater than before. If all the leaders of Chinese automobile companies can stand on a higher level and promote cooperation, the Chinese automobile industry has a great opportunity.”