NIO founder warns China's auto market could shrink by 20% this year

Staff reporter, Taipei

Jun 18, 2026, 15:30 0

Credit: AFP

Nio founder and chairman William Li warned at the 2026 China Auto Chongqing Summit that China's auto industry has entered its "most brutal final stage," saying 2026 passenger-vehicle retail sales in China could fall 15% to 20% from last year. He urged the...

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