Physix Frontier · News Briefing Card (IT Home · Nov 4, 2026)

Li Bin: Smart Driving Should Free Up Energy, Not Replace Drivers

KEY FACTS

Li Bin delivered a speech at the Entrepreneurs Forum of the 2026 World Internet Conference Wuzhen Summit.
Li Bin believes the greatest significance of smart driving is to free drivers' energy and reduce traffic accidents.
Li Bin stated that smart driving should not cause taxi and ride-hailing drivers to lose their jobs.
Li Bin disclosed that NIO users' accident safety losses fell 38.4% in the first half of the year.
Li Bin said NIO's average safe mileage under human-vehicle co-driving reached 8 times that of human driving.

KEY DATA

Over 1.5 billion hoursGlobal total daily driver driving time

Over 1.16 millionGlobal annual road traffic deaths

38.4%NIO users' accident safety loss reduction

8 timesAverage safe mileage of human-vehicle co-driving vs. human driving

PHYSIX OBSERVATION

Li Bin anchors the value of smart driving in safety and experience, not in replacing drivers. This is both a response to tech ethics and an implicit nod to regulators' concerns about employment impact. NIO uses insurance data to prove that assisted driving can reduce accident losses, but commercialization still needs to be validated by users paying. Industry competition is shifting from feature shows to real value.

Source: IT Home report