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Nio Maintains 50% Growth Outlook Despite CEO Warning of Sharp Decline in China's Auto Market

Nio Maintains 50% Growth Outlook Despite CEO Warning of Sharp Decline in China's Auto Market

Nio CEO William Li cautioned that China's auto market may shrink by up to 20% in 2026 but reaffirmed the company's target of achieving 40%-50% sales growth as EV demand and new product momentum remain strong.

Vikram SinghJun 28, 2026