On the afternoon of August 30th, NIO Inc. founder, chairman, and CEO Li Bin delivered a company-wide address to all employees and answered staff questions during an internal meeting.

Li Bin stated that NIO Inc.'s fourth quarter profitability challenge is extremely significant, but the pure electric turning point has arrived, and the era of pure electric large three-row SUVs is approaching. In the fourth quarter, the company will focus on selling cars with confidence, delivering vehicles with confidence, and improving efficiency with confidence, working steadily and practically. This battle has the opportunity to be won and must be won - NIO Inc. must rely on its own capabilities to emerge from the valley.