Li Bin, founder of NIO (09866.HK): Chinese car companies are transitioning from single-point competition to systemic competition.

Zhtng Cijng APP learned that on June 13, at the 2026 China Automobile Chongqing Forum, William Li, founder, chairman, and CEO of NIO (09866.HK), said that the competition in the entire Chinese automotive industry is transitioning from single-point competition to systematic competition.