On December 22, NIO's founder and Director, Li Bin, stated during the NIO media face-to-face event that by 2035, at least five of the top ten Autos companies will be Chinese, and Chinese companies will hold over 40% of the Global market share. Li Bin believes that in the Autos Industry, the development of a company is like a marathon on a muddy road. "Considering the Global regional distribution of the Autos Industry and its own development characteristics, a considerable number of car companies will survive in the future. However, some transformations may occur later, such as some companies that originally developed well might be eliminated later on," said Li Bin.