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NIO's Li Bin: Company Enters Third Phase, Targets 40%-50% Annual Sales Growth

Deep News01-06

On the morning of January 6, at the ceremony marking the production of NIO's one-millionth mass-produced vehicle, founder, Chairman, and CEO Li Bin delivered a speech.

At the event, Li Bin announced that NIO is entering its third phase of development, which is centered on the core objective of high-quality growth. "Moving forward, we will continue to make resolute investments around our 12 full-stack technologies to ensure leadership in technology and products; we will continue to firmly invest in infrastructure development, with the goal of surpassing 10,000 battery swap stations and charging stations each by 2030; we will deepen synergy among our three brands, continuously increasing market share in various segments and maintaining an annual growth rate of 40% to 50%; we will deepen our presence in the Chinese market and expand into global markets in a more stable and efficient manner," Li Bin stated.

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