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sales drop

Nio reports wider loss, forecasts sharp fall in deliveries as price war in China’s EV sector escalates

by Anas Siddiqui
Nio reports wider loss, forecasts sharp fall in deliveries as price war in China’s EV sector escalates

The Shanghai-based carmaker expects to hand over 31,000 to 33,000 EVs to mainland Chinese customers between January and March, down 34.1 to 38.1 per cent from the fourth quarter of …

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