May 29 — NIO chair Li Bin told the 2026 Future Auto Pioneers Conference that competition over the next one to two years will be severe and that lagging brands and technologies will be cleared faster. He said price wars are fading but the market remains ruthless even without them. With technological convergence and growing product homogeneity, consumers are shifting from choosing specs to choosing brands, and industry competition is moving from single-point battles to system-level rivalry across

May 29 — NIO chair Li Bin told the 2026 Future Auto Pioneers Conference that competition over the next one to two years will be severe and that lagging brands and technologies will be cleared faster. He said price wars are fading but the market remains ruthless even without them. With technological convergence and growing product homogeneity, consumers are shifting from choosing specs to choosing brands, and industry competition is moving from single-point battles to system-level rivalry across the long automotive supply chain.