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On October 17, NIO co-founder and President Qin Lihong revealed that in the third quarter of 2026, NIO's cumulative sales in the Chinese market reached 111,638 units, surpassing the three major German luxury automakers Mercedes-Benz, BMW, and Audi simultaneously for the first time. Qin Lihong predicted that the endgame in which pure electric vehicles become the absolute mainstream is arriving faster, and he emphasized adherence to upward brand development. (Securities Times).
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