Weilai CEO Li Bin: 2025 will be a bumper year for the company's technology and products

Li Bin, CEO of NIO, said at the 2025 Shanghai Auto Show that 2025 will be a bumper year for NIO's technology and products. He pointed out that with the mass production of technology and the growth of sales, the company's gross profit margin will increase. In addition, management will continue to promote cost reduction and efficiency improvement, and the company's operating performance is expected to improve every quarter and achieve profitability in the fourth quarter.