On October 17, Qin Lihong, co-founder and president of NIO, revealed that in the third quarter of 2026, NIO's cumulative sales volume in the Chinese market reached 111,638 units, surpassing the three major German luxury manufacturers of Mercedes-Benz, BMW, and Audi for the first time. Qin Lihong predicted that the end of pure electric models becoming the absolute mainstream is coming at an accelerated pace. He emphasized sticking to brand improvement.

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