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Li Bin: Chinese Passenger Vehicle Market Encountered Major Hurdles in Q1 This Year, Yet Pure Electric Vehicles Sustained Robust Growth
12 hour ago /
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Author：小编
During NIO's Q4 and full-year 2025 earnings conference call, founder Li Bin remarked that the Chinese passenger vehicle market faced notable challenges in the first quarter of this year, with projections indicating a slight year-on-year decrease. In contrast, pure electric vehicle models exhibited strong growth. He highlighted that last year's expansion in the new energy vehicle sector was predominantly fueled by pure electric models, and this pattern is set to persist throughout this year, with pure electric vehicles continuing to gain momentum at a rapid pace.
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