crashcyberpunk| NIO Li Bin: Continue to expand in Europe. If the annual sales volume reaches 100,000 vehicles in Europe, we will consider cooperating with local partners to build factories in Europe

NIO opens its first exhibition hall in Amsterdam, the NetherlandscrashcyberpunkFounder Li Bin said that although there is uncertainty about whether the EU will impose tariffs on Chinese electric vehicles, NIO plans to continue expanding in Europe. Li Bin said that electric vehicles have great impact on the environmentcrashcyberpunkThe healthy development of the country is very important and should not be regarded as a political goal. Once the EU implements a large tariff, NIO will make the most reasonable commercial decision, which may include postponing or canceling the launch of its new mid-range cars and future entry-level models in Europe. He also said that if NIO's annual sales in Europe can increase to about 100,000 vehicles, it will consider cooperating with local partners to build factories in Europe.