NIO Chairman and CEO Li Bin said in a recent interview with First Financial News that users buy cars because of their products, not because of traffic. "We did a live broadcast before Xiaomi, and the traffic was good, but in the end, it still depends on the products, which is the first competitive advantage." NIO Chairman and CEO Li Bin said that users buy cars because of their products, not because of traffic. The company ultimately needs to return to the essence of products and services.