Changes in the head of NIO's intelligent driving R&D department

NIO's intelligent driving R&D department has recently undergone a change in leadership. Peng Chao, the former head of perception algorithms, now reports to Ren Shaoqing, while the heads of key areas, such as the parking solution and data closed-loop solution, will report directly to Ren Shaoqing. This personnel adjustment is to strengthen team management and collaboration and promote the smooth progress of the intelligent driving project.