As the electric vehicle (EV) market continues to shift and mature, NIO's CEO has issued a stark warning to the auto industry: the sector is entering its final stage. According to the CEO, domestic retail sales of EVs may plummet by as much as 15-20% in the coming months. This alarming prediction comes as governments worldwide are re-evaluating their EV incentives and policies, potentially disrupting the market's momentum. The CEO's warning highlights the industry's vulnerability to changing regulations and consumer preferences, sparking concerns about the long-term sustainability of EV sales.
NIO CEO warns: Auto industry enters final stage, domestic retail sales may fall 15%-20% Gasgoo