NIO President Discusses Navigating Tariffs at WNEVC 2024

In the latest panel discussion at the 6th World New Energy Vehicle Congress (WNEVC 2024) in Hainan Province, Qin Lihong, co-founder and president of NIO, shared insights on the current tariff landscape affecting the automotive industry.

\"Tariffs will not be there forever,\" Qin remarked, highlighting that while these duties pose challenges, vehicle companies must adapt and continue innovating amidst the evolving market.

The discussion, hosted by CGTN's Zhu Zhu, delved into strategies for navigating international trade policies and maintaining growth in a competitive sector. As the new energy vehicle market expands globally, leaders like Qin emphasize resilience and forward-thinking approaches to overcome temporary obstacles.

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Have to live with tariffs: NIO president

cgtn.com