Core Insights - NIO, established in November 2014, focuses on high-performance smart electric vehicles and user experience, being the first automotive company listed in the US, Hong Kong, and Singapore [1] - The company has a global presence with R&D and production facilities in over 10 locations, including Shanghai, Hefei, and Munich, and has delivered over 800,000 vehicles to users across more than 350 cities [1] Group 1: Circular Economy Initiatives - NIO is implementing a comprehensive resource recycling strategy as part of China's carbon neutrality goals, emphasizing lifecycle management in the automotive sector [2] - The company has established the Circular Car Lab project, focusing on "car-to-car" recycling, aiming to minimize carbon footprints and maximize resource efficiency throughout the vehicle lifecycle [2][3] - In 2024, NIO completed the "car-to-car" recycling of 500 scrapped vehicles, enhancing the residual value of these vehicles through meticulous disassembly and classification [3] Group 2: Collaboration and Industry Leadership - NIO is a founding member of the "Recycled Metal Green Supply Chain Partnership Program," initiated by the China Nonferrous Metals Industry Association, aimed at promoting sustainable development in raw material sourcing [4] - The company is leveraging this partnership to deepen resource recycling practices and drive collaborative innovation within the circular economy, contributing to the green transformation of the industry [4] - Experts highlight NIO's leadership in green manufacturing and energy innovation, positioning it as a global benchmark for Chinese new energy vehicle companies [4]