Li Bin, founder, chairman, and CEO of NIO, said, “The greatest significance of autonomous driving is not that chauffeur drivers and taxi drivers lose their jobs. The greatest significance of autonomous driving is to free up drivers' energy and reduce traffic-related accidents.” As artificial intelligence accelerates from the digital world to the physical world, smart electric vehicles have become the largest AI application industry. He mentioned that the global automobile industry is huge. From parts to vehicles, sales, service and finance, the total scale is roughly 7 trillion to 9 trillion US dollars, and the application of AI in the automotive industry will create more than 1.2 trillion US dollars in commercial value.

Li Bin, founder, chairman, and CEO of NIO, said, “The greatest significance of autonomous driving is not that chauffeur drivers and taxi drivers lose their jobs. The greatest significance of autonomous driving is to free up drivers' energy and reduce traffic-related accidents.” As artificial intelligence accelerates from the digital world to the physical world, smart electric vehicles have become the largest AI application industry. He mentioned that the global automobile industry is huge. From parts to vehicles, sales, service and finance, the total scale is roughly 7 trillion to 9 trillion US dollars, and the application of AI in the automotive industry will create more than 1.2 trillion US dollars in commercial value.