Among the 'WEI-XIAO-LI' trio of electric vehicle startups, NIO now lags behind its peers in profitability. Li Bin, the company's leader, candidly acknowledged that NIO's development has not kept pace. According to the latest financial report, NIO's revenue for last year amounted to RMB65.732 billion, marking an 18.18% year-on-year increase, yet it still fell short of Li Auto's RMB144.46 billion. Furthermore, NIO's revenue growth rate lagged behind that of XPeng and Leapro.
