Gradually everyone realized that the threshold for extended-range vehicles is very low. Market share can be taken by Huawei, Leapmotor, Neta, and even Dongfeng. It's said that Xiaomi will join later. Battery swapping seemed unreliable at first, but after 10 years of development, it has truly become a moat. After experiencing battery swapping, people found that even the fastest charging is not as convenient as swapping, especially now with automated battery swapping. It's hard to break into the high-end pure EV market, but Nio has established its position. By leveraging battery swapping technology to expand into mid-to-low-end segments, its future prospects are limitless.