The second driver is going to be of charging a swapping network. This year, we plan to deploy additional 1,000 power swap stations to cover more market. Especially, we believe that this is going to help us to boost our demand in the Tier 3 and Tier 4 cities. Probably some of you know that for over current vehicle deliveries, over 50% of our vehicle deliveries happened in Shanghai, Chuzhou and . So at the same time, if you look at the overall vehicle delivery landscape of those products, it means that we have a huge potential to explore in other cities and the regions. So we believe with the deployment of the additional 1,000 power swap stations, so we can cover more users and also improve the experience of the existing users, which can also support our vehicle demand growth in other different cities and the regions as well.
At the same time, when we look at the software features and functions that are planned to be released on the NIO technology platform 2.0, we believe will also contribute to other vehicle demand. Just like I mentioned in the recent week, the engage — the mileage of the NIO — NOP+ Beta is over 1.75 million kilometers. All of our products come standard with the strong computing power and the center suite. So this actually provides a huge foundation for us to have a closed loop of data management. If you look at all the test by the third parties or by the professional media, NOP+ Beta ranked the first in all those tests. So we believe, together with other improvements in terms of the digital corporate and as well as the audio systems and other softwares and features in our products, this will significantly boost the product competitiveness of our products.
Because when you look at the competitors or the peers in the market, most competitors, they offer those functions and features as an option, but for us because everything comes as a standard. So it means that we will have a huge room to upgrade the experience of our users. In a nutshell, our target is still to double the volume in this year, and our teams are quite confident to achieve this target. When it comes to the profitability, this is closely bundled together with the gross margin. So if the raw material cost reduction can be of expectations, like I explained before then for the fourth quarter, we believe this probably can still achieve the target that we said before. But when we made the plan to become positive, we didn’t consider the strategic new business investments.
So aiming to that for the fourth quarter of this year of a target is that put aside the investment for the strategic NIO businesses. Of our NIO brand, the main business of the NIO brand can still achieve breakeven.
William Li: Thank you.
Wang Bin: Thank you so much.
Operator: The next question comes from Yuqian Ding with HSBC. Please go ahead.
Yuqian Ding: Thanks, team. Yuqian, here. I got two. First, on ET5. We noticed order book contraction on this flagship volume model ET5. How would the management look at stabilized the monthly sales volume on ET5 still 10,000 per month? What’s the key driver to support? Is it broadly affected demand related or any specific service network expansion supported? The second question is on lithium to margin. The lithium price is correcting. We talked about before about RMB100,000 per ton price correction roughly released 2% margin. So, roughly, we might get a 4% to 8% buffer this year? Can we keep them all or we might have to pass some to the consumers given the universal pricing pressure? On that notion, will you take the to get lower lithium price, but to lock up more softening share with them? Thank you.
