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So what happened? One of the largest reasons to buy into Nio's vision was that the previously mentioned new brands are set to drive deliveries higher and thus generate strong revenue growth.
A drop in deliveries, rising losses, and a share sale sent Nio stock tumbling in recent weeks. Nio's delivery numbers announced on March 1 were a mixed bag. Although its deliveries surged 62% year ...
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Nio and CATL sign the cooperation deal on March 17 in Ningde, Fujian province. [Photo provided to chinadaily.com.cn] Chinese electric vehicle maker Nio signed a strategic cooperation agreement on ...
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