NIO Inc: No plans to increase prices in the short term.

Recently, influenced by the continuous substantial increase in raw material prices, several new energy vehicle companies have announced price increases for their new energy vehicle models. On March 21st, NIO Inc stated, 'Price stability is beneficial to both users and the market. In the short term, we have no plans to increase prices. Currently, international raw material prices, including the chip supply and demand situation, have undergone significant changes in the entire supply chain cost compared to before. We will also make flexible decisions based on objective environmental changes.'