On December 14, 2023, at a face-to-face event with NIO media, NIO Chairman Li Bin said that NIO insists on not lowering prices, although the actual sales situation still falls short of the company's goals. However, "the overall price of NIO's new cars will rise," Li Bin pointed out that 2024 and 2025 will be the two years when high-end pure electric new energy vehicles will explode. Previously, due to factors such as lithium prices, hybrid new energy vehicles developed rapidly. However, with the decline in lithium prices, NIO's pure electric new energy vehicles have caught up with and taken the lead in the market.