Recently, Li Bin, the Chairman of NIO, convened a intimate communication session in Beijing, welcoming over a dozen institutions and media outlets. During the gathering, he delved into NIO's recent organizational restructurings and profitability aspirations. Li Bin candidly acknowledged that NIO has incurred significant costs throughout its decade-long journey of exploration and growth. He highlighted that some of these challenges surpassed the company's initial comprehension, while others stemmed from insufficient managerial awareness and tools. Furthermore, he emphasized that NIO is committed to rectifying past mistakes and maintaining its composure moving forward.
