Li Bin, CEO of NIO: Replacing batteries has never been a bleeding point, but an investment ahead of time.

From May 15th to May 17th, the 18th Xuan Yuancar Blue Book Forum was held in Guangzhou with the theme of "Turning Point". NIO founder, chairman, and CEO William Li participated in the dialogue online. When asked whether the battery swap station is a profit point or a loss point for NIO, Li responded that he has never considered it a loss point. Li pointed out that companies with heavy assets and high technology have become mainstream. The battery swap station is a typical heavy asset, high-tech project. "In the long term, it will certainly become one of our important sources of income, but it is still in the early investment period."