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NIO's Li Bin plans a heavyweight new car for 2027 and three focus areas through 2029

1 article1 sourcesince Oct 10Last article 3h ago ·

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NIO founder Li Bin told staff in an internal speech on September 8 that the company will launch a heavyweight new car next year, according to Leiphone (雷峰网).

He set three focuses for the next three years: core business, high end, and core markets.

The speech came as 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, according to the same report.

Written by AI from the articles below · updated Oct 10, 6:22 AM ET

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Oct 10
  1. LeiphoneNews
    NIO's Li Bin says a heavyweight new car arrives next year, with three focuses for the next three years

    AINIO 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.

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