Weilai and Ideal suffered net losses of 4.02 billion and 320 million yuan respectively, but still decided to invest 100 million yuan in self-developed seats

Although NIO and Li Auto suffered net losses of 4.02 billion and 320 million yuan respectively in 2021, the two companies still decided to invest 100 million yuan in self-developed seats. This decision shows that the two companies attach great importance to improving the comfort and functionality of seats. Self-developed seats can not only meet consumers' demand for high-quality riding experience, but also help companies maintain their leading position in the fierce market competition.