Li Bin: The all-new NIO ES8 has internal space that reaches MPV levels and can achieve a cost-effective alternative

At today's NIO Day 2025, NIO founder, chairman, and CEO Li Bin delivered a speech. During the event, the all-new NIO ES8 was officially launched, positioned as a flagship SUV for all scenarios. Li Bin stated that the all-new NIO ES8 has garnered significant attention over the past month, with market performance exceeding expectations. User choices and market data have shown that the golden era of extended-range large three-row SUVs is coming to an end, and the era of pure electric large three-row SUVs is on the rise. The reason behind this market trend is the construction of charging and battery swap networks and the development of pure electric technology, which is transitioning from quantitative change to qualitative change. Over the past decade, NIO has invested more than 18 billion yuan in the charging and battery swap sector, with total R&D investment exceeding 60 billion yuan. When mentioning the interior space of the all-new NIO ES8, he stated that it has reached the level of mainstream MPVs, saying, "6 people and 12 boxes without pressure, every seat is an MVP, MPVs can be replaced."