Nio expects Q1 deliveries between 20,000 and 20,500 vehicles

Nio expects Q1 deliveries between 20,000 and 20,500 vehicles

As of January, Nio had delivered 82,866 electric cars in China since its first model came to market in June 2018. Its high-end utility vehicles have proven a hit with wealthy consumers, helping to push Nio’s gross margin to 17.2 percent in the December quarter.

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