---
title: "Li Bin: The all-new NIO ES8 has internal space that reaches MPV levels and can achieve a cost-effective alternative"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258194662.md"
description: "At NIO Day 2025, founder Li Bin unveiled the all-new NIO ES8, positioned as a full-scenario technology flagship SUV. He pointed out that the market performance of the ES8 exceeded expectations, indicating that the era of pure electric large three-row SUVs is approaching. NIO's investment in charging and battery swapping has exceeded 18 billion yuan, with R&D investment surpassing 60 billion yuan. Li Bin emphasized that the interior space of the ES8 has reached mainstream MPV levels, comfortably accommodating 6 people and 12 pieces of luggage"
datetime: "2025-09-20T13:38:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258194662.md)
  - [en](https://longbridge.com/en/news/258194662.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258194662.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258194662.md) | [繁體中文](https://longbridge.com/zh-HK/news/258194662.md)


# 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."

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