Nio CEO William Li says China's auto sector has passed its peak, but Nio remains focused on domestic market.

The Chinese EV maker has released its figures for Q1/2026. According to the report, sales and revenue increased significantly compared to the same quarter

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

Nio CEO William Li says China's auto sector has passed its peak, but Nio remains focused on domestic market.