Nio Stock News

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China’s three biggest makers of smart electric vehicles (EVs) reported lacklustre deliveries for February as the Lunar New Year holiday disrupted sales and production.Analysts predict sales will rebound sharply in March when the carmakers’ operations and consumer sentiment return to normal.Guangzhou-based Xpeng Motors delivered 6,225 smart EVs last month, the first time it has failed to surpass the 10,000-mark since September. That represented just 39 per cent of the record 16,000 units it…

Li Auto outsold Nio, Xpeng in February EV sales, hurting Li Auto stock, amid production downtimes for those rivals.

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Chinese EV makers NIO, XPeng and Li Auto delivered 20,770 cars combined in February, down from 34,842 delivered in January and 40,576 delivered in December 2021.

Nio Inc. undefined reported overnight that February deliveries rose 9.9% from a year ago to 6,131 electric vehicles. The deliveries in the month consisted of…

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