Executives at electric vehicle manufacturer Nio are putting a positive spin on the company’s future prospects, despite mounting challenges to its business.

Talking to the media on Tuesday at industry expo Auto Shanghai, Nio co-founder and executive vice president Jack Cheng said he is not going to worry about the company’s sales performance, which has experienced a “greater than anticipated slowdown,” according to the company’s latest financial results.

“We’re a startup company [and] we’re moving ahead with our capacity in our manufacturing partnership,” Cheng said. “There will be a lot happening in the next couple of years,” he added, alluding to the company’s self-driving plans.

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Chris Udemans

Christopher Udemans is a Shanghai-based data and graphics reporter. He covers Chinese artificial intelligence, mobility, and cybersecurity. You can contact him at chrisudemans [at] technode [dot] com.