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On March 17, Li Bin, the visionary founder and CEO of NIO, addressed the company's production and research team in an internal speech delivered on Friday afternoon, March 14. In this address, he delved into the essence of the 'Basic Business Unit' concept, urging the team to shed outdated practices, sharpen their business acumen, and relentlessly pursue their targets. Li Bin underscored the necessity of meticulous resource allocation, emphasizing that both capital and time must be invested wisely to achieve success. Acknowledging the legitimacy of external critiques regarding NIO's management efficiency, he affirmed that the company neither shies away from its challenges nor succumbs to self-doubt. Recognizing that management is a continuous journey, Li Bin vowed that NIO would reclaim its dignity through relentless improvement in its management practices.
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