NIO's Li Bin says a heavyweight new car arrives next year, with three focuses for the next three years

NIO founder Li Bin told staff in an internal speech on September 8 that the company will launch a heavyweight new car next year. He set three focuses for the next three years: core business, high end, and core markets. NIO's January–August deliveries rose 57.9% year on year to 262,893 units, while China's passenger car retail sales fell 20.8% over the same period.