Ju Chao Zi Xun·2026-01-07 10:02Core Insights - NIO's milestone of producing its one millionth vehicle marks a new phase of high-quality development for the company, as stated by founder and CEO Li Bin [2] - Li Bin highlighted that by 2025, the main cost pressure in the automotive industry will shift from traditional raw materials to memory components, due to increased competition for these resources from AI, data centers, and smartphones [2] - The dual pressure of rising raw material and memory costs is expected to significantly impact the automotive industry, potentially leading to higher end-user prices [3] Industry Context - The automotive industry is experiencing a shift in cost dynamics, with memory components becoming a critical pressure point as demand from various sectors escalates [2] - NIO has established a comprehensive ecosystem since its founding in 2014, with the production of one million vehicles representing not only its growth but also a reflection of the advancement of China's smart electric vehicle industry [3] - NIO aims to focus on high-quality growth as it enters a new development phase, with plans to invest in 12 core technologies, expand charging and battery swap stations, and maintain a growth rate of 40%-50% annually while deepening its presence in the Chinese market and expanding globally [3]