Li Bin, CEO of NIO: New ES8 orders exceeded expectations after the Spring Festival, and we are close to delivering our 80,000th vehicle.

William Li, the founder, chairman, and CEO of NIO, stated in a media briefing on March 11 that after the Spring Festival, the new orders for the NIO ES8 have recovered better than expected, and the new orders should be able to be successfully fulfilled. Within the industry, the new NIO ES8 has performed well in overcoming the new car effect and "death valley". The cumulative delivery of the new ES8 will reach 80,000 units by the end of March.