On December 5th, NIO released its financial report for the third quarter of 2023. At the financial report conference call, NIO CEO Li Bin stated that he believes that after more than 5 years of actual operation, NIO's battery swapping business has the ability to open up to the outside world. Li Bin revealed that NIO plans to open up a battery swapping system for the second brand, codenamed "Alps". NIO will open up its second brand battery packs and battery swapping stations to its partners, and the corresponding development costs will not be high, but it will require a certain period of time. Li Bin said that he believes that the battery swapping business is a sustainable and profitable business in the long run. In addition, the charging pile business has basically achieved a break even point, and there are also investors interested in independent financing for NIO Power (NIO Energy System), and there are also some initial contacts. In the future, NIO Power's independent financing cannot be ruled out.