Baidu said it plans to scale up Apollo's operations and launch fully unmanned self-driving services in more regions in 2023.
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Tesla is working on a redesign of the Model 3 codenamed "Highland," with a focus on reducing the number and complexity of the model's interior, according to Reuters.
Tencent will provide support for the large-scale data storage, computing and model training needed to take NIO's autonomous driving technology from development to operation.
People who originally drove BMWs won't go back to buying BMWs after buying NIO vehicles. That is the trend, Li said, adding that NIO is on the right side of the trend.
"We can't let the people who are learning from us run faster than us," William Li said.