At the launch event for the NIO ES9, the company's founder, chairman, and CEO Li Bin delivered a speech. He stated that the era of electric large three-row SUVs has arrived. Since last September, sales of pure electric large three-row SUVs have surpassed those of extended-range, fuel, and plug-in hybrid models for eight consecutive months. Additionally, the electric era in the premium market is emerging. Starting from last December, NIO's all-new ES8 has led sales in the over 400,000 yuan price segment for five consecutive months.