As of the end of April, NIO's ASP (average selling price) per vehicle was 434,700 yuan ($68,720), according to CEO William Li. Going forward, NIO's ASP should decline as it brings more affordable vehicles into the fold. On average, a 25 percent decline to this ASP until 2030 seems like a reasonable and conservative estimate. Therefore, at an ASP of $50,000, NIO should generate revenues of nearly $73 billion from vehicles by 2030.