In the long term, if local sales reach a certain level, say 100,000 units, local production should take place, Nio CEO William Li said.
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Xiaomi CEO Lei Jun tried to peddle a concept for a unified in-vehicle eco-system in a meeting that included Nio' William Li and Onvo president Ai Tiecheng.
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Xpeng CEO personally delivered the Xpeng X9 MPV to Nio's William Li during his visit to Volkswagen Anhui and Nio in Hefei.
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The world is more divided than it was a decade ago, and bridging differences is becoming increasingly difficult, yet people can make choices and take action to build connections and increase understanding, Li said.
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Gotion's chairman said the battery maker will set up a project team to communicate with Nio on technologies, and expects to see substantial results from their cooperation soon.
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William Li talked about a lot of issues in an interview, including sub-brands, collaboration with other car companies on battery swap services, priorities for 2024.
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Li said batteries with lifetimes of up to 15 years are technically feasible, but it will take a concerted effort by the entire industry to advance the goal.
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In the letter, Li laid out his views on the competition in the EV industry in 2024, as well as Nio's priorities.
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Nio needs to continue to improve its financial performance to support the company's sustainable growth, and has a responsibility and obligation to put every penny of investor and shareholder money to good use, Li said.
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At the end of February, Li's stake in Nio was 10.5 percent, with 44.2 percent of the voting rights. CYVN will hold a 20.1 percent stake in Nio after its latest investment.
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