: NIO’s April deliveries rise more than 30%, but stock turns red

by | May 1, 2023 | Stock Market

Shares of NIO Inc. traded lower Monday, reversing an early gain, after the China-based electric vehicle maker reported April deliveries that jumped more than 30% from a year ago, but fell sharply from March. Among its China-based rivals, the shares of Li Auto Inc. rose while XPeng Inc.’s also turned red after the EV makers reported April deliveries. NIO…

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