NIO Inc's Li Discusses Demand for Its EC6 Model

What was the main reason for the supply chain partners' unpreparedness for higher production?

• Technological issues

• Unexpected increase in demand

• Lack of raw materials

• Labor strikes

How might the declining battery costs affect the electric vehicle industry?

• Increase in vehicle prices

• Decrease in vehicle prices

• No impact on vehicle prices

• Increase in production time

What is the current average price difference between the company's cars and Tesla's in China?

• $10,000

• $20,000

• $5,000

• $15,000

What is considered a significant challenge for automakers during rapid expansion?

• Increasing marketing efforts

• Maintaining service and quality

• Expanding to new markets

• Reducing production costs

Why is customer service emphasized as crucial in the automotive industry?

• Cars are a minor expense

• Cars are closely related to safety

• Cars have a short lifespan

• Cars are easy to manufacture