At a media communication event on August 22, Li Bin, CEO of NIO, unveiled that 2025 will mark a pivotal moment when the advantages of pure electric technology for users will outweigh the inconveniences associated with recharging. This turning point will be characterized by a surge in sales of pure electric three-row SUVs, with growth rates significantly outpacing those of extended-range plug-in hybrids and gasoline-powered three-row SUVs. Li Bin emphasized that both consumer preferences and market statistics suggest that the era of pure electric three-row SUVs is imminent, with swappable battery pure electric three-row SUVs poised to become the ultimate choice. Notably, the recent delivery of over 7,000 Ludo L90 units has solidified its position among the top three best-selling large SUVs. Buoyed by this positive development, NIO's Hong Kong stock price closed the day with a more than 11% increase, stabilizing above the HK$45 mark.