Tag: NIO vehicle sales

Industry Focus Areas, Motorized Vehicle

Tesla rival Nio tumbles after deliveries disappoint

September 24, 2019

Via: Reuters

(Reuters) – U.S.-listed shares of Tesla Inc (TSLA.O) rival NIO Inc (NIO.N) tumbled more than 18% on Tuesday after the Chinese electric carmaker posted a drop in quarterly vehicle sales, blaming a cut in subsidies and weak demand. China has […]