Nio CEO credits rapid EV adoption in China to open market and competition
William Li said the openness and fierce competition in the Chinese market were key to the rapid adoption of EVs, implicitly blaming US protectionism.
Nio, Xpeng, Li Auto CEOs pose for rare photo amid intensifying competition among China’s EV trio
They were last pictured together on June 6, 2020, when Nio, Xpeng, and Li Auto were all struggling to boost sales.
Nio says Abu Dhabi investment took just 3 weeks from talk to deal
The partnership, which went from discussion to agreement in just three weeks, demonstrates Abu Dhabi's commitment to investing in technology…
Nio’s William Li attends high-level Sino-German meetings as Chinese Premier visits Europe
Nio was invited to attend a roundtable of Sino-German entrepreneurs and was the only smart electric vehicle company present.
Nio’s William Li responds to price cuts across entire lineup
Nio has been discussing this adjustment internally for a long time, and as of 3 am today the Nio team was still working on it, William Li said.
Nio Capital hosts investor conference, William Li highlights Nio’s choice in times of uncertainty
"We need to think strategically with a long-term mindset and use that to guide our short-term actions," Li said.
Nio keeps goal of doubling sales this year despite price war causing greater challenges
Nio maintains its previously mentioned goal of doubling sales, despite greater challenges to meet the goal, said William Li.
China EV 100 Forum 2023: Nio’s William Li’s full speech
Nio has nearly completed 20 million battery swap services, with an average of one Nio vehicle leaving a battery swap station with a fully…
Nio’s 1st phone model to be launched in Q3, says William Li
Li also said that Tesla's price cut comes after it faced stiff competition in China, where it does not have pricing power.
Full text: Nio CEO William Li’s internal letter to employees
Nio must tap potential from within, inefficient projects will be fully optimized, and employees need to be more agile, Li said.