NIO CEO Li Bin: Over 550,000 In-House Developed Chips Mass-Produced

Li Bin, founder and CEO of NIO, recently revealed that the company's self-developed chip has entered mass production, with cumulative shipments exceeding 550,000 units. This milestone underscores NIO's continued deep investment in core technologies for smart electric vehicles and further strengthens its self-reliance and control over critical areas such as autonomous driving and intelligent cockpit systems. As one of the earliest Chinese EV startups to pursue in-house chip development, NIO's move enhances its product competitiveness and reduces reliance on external supply chains.