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Li Bin, the visionary founder and CEO of NIO, recently addressed an internal gathering of the product research and development team, meticulously elucidating the core rationale behind the "Core Business Unit" (CBU) framework. In his address, he announced a company-wide organizational overhaul aimed at bolstering efficiency. He underscored the importance of a mindset shift among employees, recognizing that NIO is on a path of continuous improvement. To inspire his team, Li Bin invoked the transformative success of Xpeng Motors as a beacon of what NIO can achieve. Under the CBU model, NIO divides its operations into distinct, non-overlapping core business units, each mandated to establish clear Return on Investment (ROI) metrics and performance-based incentive and disciplinary measures.
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