Chinese EV Maker Nio 'Very Confident' of Reaching Sales Target: CFO

Neo plans to double deliveries to 250,000 units and achieve group profitability by next year. Key strategies include expanding the product portfolio, enhancing the charging network, and leveraging advanced technologies. Neo aims to maintain stable pricing despite market fluctuations and expects battery price declines to boost margins.

What is one of Neo's key actions to achieve its sales target?

• Reducing the number of models

• Decreasing the charging network

• Eliminating ad technologies

• Broaden the product portfolio

How does Neo plan to improve its profitability?

• By cutting down on product quality

• By reducing the number of employees

• By focusing on efficiency and market dynamics

• By increasing spending

What is Neo's approach to pricing amidst the EV market price war?

• Frequent price cuts

• Maintaining a stable price system

• Increasing prices significantly

• Ignoring market trends

How does Neo plan to differentiate itself in the EV market?

• By eliminating user community engagement

• By offering the cheapest models

• By reducing the number of charging stations

• By focusing on innovative technologies and infrastructure

What impact does the decline in lithium prices have on Neo's strategy?

• It leads to increased production costs

• It has no impact

• It contributes to margin growth

• It negatively affects margin growth