Once hailed as a pioneer among China's electric vehicle startups and one of the earliest to go public on the Nasdaq, NIO has captured global attention and controversy. Known for its premium models and ambitious innovations like battery swapping, the company is also grappling with steep losses and fierce competition.

In this exclusive interview at the 2025 Shanghai Auto Show, CGTN reporter Wang Tianyu speaks with NIO founder and CEO William Li about how the company plans to fight its way through a make-or-break year.