NIO and Li Auto are both up about 30 percent since last Monday, while XPeng has rallied 70 percent in the same period.
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NIO and Li Auto are both up about 30 percent since last Monday, while XPeng has rallied 70 percent in the same period.
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If you strip all the premium features away and treat ET5 as a normal car, it is still a very compelling proposition.
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NIO has previously put battery swap stations into operation in Norway, Germany and Sweden.
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Fab 5 China EV sales came in stronger than expected as new product cycles at Li Auto and NIO really start to kick in, leading to record monthly volumes despite a weak macro backdrop, said Edison Yu's team.
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Nio achieved new record in monthly deliveries
The post Nio delivered ATH 14,178 vehicles in November, beating expectations appeared first on CarNewsChina.com.
NIO will further accelerate production and deliveries in December, the company said.
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To all of those “Not Enough” sections, NIO is far ahead of all competition but still rated “Not Enough” by William Li.
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NIO had 91 NIO Houses and 318 NIO Spaces in China by the end of November.
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Nio had operational issues in Oct (10,059 deliveries), should be fixed now
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"We think a large part of the rally was caused by a short squeeze as investors were caught being too negative on the group given Covid and competition concerns," said Deutsche Bank analyst Edison Yu's team.
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