Sun Ziqi, Secretary of the Board of Directors of Wotai Energy, talks about the impact of Weilai Capital on its strategic development

31
Regarding why NIO Capital chose Wotai Energy and the impact of NIO Capital on its strategic development, Mr. Sun Ziqi, Secretary of the Board of Directors of Wotai Energy, said that NIO Capital has rich industrial ecological resources. Wotai Energy has not only received investment funding support, but also gained a lot of industrial resources and business cooperation. Entering an industrial ecosystem can help companies discover more new opportunities and stimulate more innovations in technology, supply chain and business models. This will directly affect the company's performance in reducing costs and developing new businesses. Mr. Sun Ziqi also shared his views on the profitability of the energy storage industry. He believes that the development of new technologies and new business models is making the energy storage industry more attractive.