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NIO-SW Li Bin: Firm Is Not in Hurry to Enter Embodied Intelligence Robot Mkt, to Adopt Wait-and-See Approach Before Mkt Entry
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Regarding widespread attention on whether NIO-SW (09866.HK) will arrange the expansion into the robotics business, Li Bin, Founder, Chairman and CEO of NIO-SW, responded by saying that, in the long term, it is a natural extension of a car company's product line to develop embodied robots, whether industrial or service robots, according to The Paper. Despite acknowledging the rationale for automakers to enter the robotics sector, Li made it clear that NIO-SW will not rush into the market. NIO-SW has already made multiple investments in the embodied intelligence sector through NIO Capital, Li added. Rather than taking the lead in every aspect as it has done in the smart vehicle industrial chain, the Company will adopt a 'wait-and-see' strategy before market entry, meaning that it will learn first before entering the market. Auto-translated by AI AASTOCKS Financial News |
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