Li Bin: Car Purchases Should Meet High-Frequency Essential Needs, While Everyone Hopes a 200,000 Yuan Car Has Everything, This is Impossible

Deep News
08/22

On August 22nd, NIO Inc. founder Li Bin stated at the new ES8 launch event that while everyone hopes a 200,000 yuan car has everything, this is impossible, and what matters is finding what suits each individual best.

"The key question is whether your high-frequency essential needs are met, including the overall temperament and design quality of the vehicle, whether exterior or interior - this is the most crucial aspect. It's impossible for the third-generation ES8 to be equivalent to the ET9, as this would be cost-prohibitive," he explained.

On the previous evening, the all-new third-generation NIO Inc. ES8 officially launched its pre-sale, introducing three models: the 6-seat Executive Luxury Edition, 6-seat Executive Signature Edition, and 7-seat Executive Luxury Edition.

The 6-seat Executive Luxury Edition and 7-seat Executive Luxury Edition are both priced at 416,800 yuan for the complete vehicle, or starting from 308,800 yuan with the battery rental option. The 6-seat Executive Signature Edition is priced at 456,800 yuan for the complete vehicle, or 348,800 yuan with battery rental. The new vehicles are scheduled for official launch and delivery in late September 2025.

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