Li Bin: Nio's cumulative R&D investment exceeds 60 billion yuan
On July 31, Nio Chairman Li Bin stated at the launch event of the L90 that Nio has adhered to full-stack forward research and development since its establishment. Over the past decade, Nio has invested more than 60 billion yuan in research and development. Among them, over 18 billion yuan has been invested in the charging and battery swapping sector. Official data shows that as of now, Nio has built a nationwide charging and battery swapping network consisting of 8,131 stations. Among them, there are 3,430 battery swapping stations and 4,701 charging stations
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