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NIO-SW William Li: CN Auto Brands Enter Convergence Phase as Carmakers Move into System Capability Competition Stage
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William Li, Chairman of NIO-SW (09866.HK), said that Chinese auto brands began to enter a relatively prolonged convergence phase, according to China Business Network. Amid product homogenization competition, carmakers have moved into a stage of comprehensive system capability competition. As the industry has now entered the finals, the industry situation will become increasingly clear, and Li hoped that NIO-SW will still remain on the stage. Auto-translated by AI AASTOCKS Financial News |
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