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NIO's William Li: RMB60B+ Invested in R&D Over 10 Years, w/ RMB18B in Charging & Battery Swap
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NIO-SW (09866.HK) (NIO.US) brand, ONVO, held the launch event for the ONVO L90.

NIO's founder, chairman, and CEO William Li disclosed during his speech that the company has invested over RMB60 billion in R&D over the past ten years, with RMB18 billion allocated to the charging and battery swap sector.

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