William Li

Making batteries is a normal strategy for automakers, said William Li.

Nio planned to enter the US market by the end of 2025, but current US policies are complicating things, according to William Li.

Nio has underestimated the enthusiasm of many users for buying its cars, and the company is open to the buy option and will prepare further, Li said.

While 20 percent of European consumers still want to buy and own vehicles, Nio is still early in its operating model and wants to reach the other 80 percent first, Li said.

Soaring energy costs are an obstacle to Nio's rollout of battery swap stations in Europe, and slower-than-expected planning approvals are also hindering the rollout.

Nio's bosses checked out the construction of the company's Nio House and its first battery swap station in Germany as they are on a 10-day road trip in an ET7.

Nio will hold its first local Nio Day event in Europe in the fourth quarter, its president previously said.

In Chinese culture, the number "9" represents the highest rank, and Li's words have sparked speculation about what form the company's 9-series model will take.

The Nio brand will not launch a model less expensive than the ET5 or a two-door sports car, but it will launch a model 'with character' next year, according to William Li.

Nio bought back shares from strategic investors in Anhui twice, in 2020 and 2021, and there is no such thing as a future "gambling" failure, CEO William Li said.