Shares of Nio soar more than 20% as EV deliveries more than double in April
Publishing timestamp: 2024-05-02 02:27:58
Summary
Nio's vehicle deliveries more than doubled in April, leading to a 20% jump in shares. Other Chinese EV makers also reported increased deliveries, except for Li Auto. Competition in the Chinese EV market is heating up, with price wars and new entrants like Xiaomi.
Sentiment: POSITIVE
Tickers: 9866-HK, ZE594-CN, 1211-HK, 9868-HK, 2015-HK, TSLA, .HSI,
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