Nio Rules Out Robotaxi Market Amid Competitors’ Plans

Nio has decided not to enter the robotaxi market, even as competitors like Xpeng and Tesla plan to venture into this space. William Li, Nio’s founder, chairman, and CEO, dismissed the business model as unappealing during an interview following the Nio IN 2024 event in Shanghai. “Robotaxi is not an exciting business model, and Nio … Continue reading Nio Rules Out Robotaxi Market Amid Competitors’ Plans