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May 28, 2019 09:18 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iR5FpPW4UrY/
NIO shifts electric vehicle plans as losses pile up
Chinese automotive startup Nio is tweaking its plans for future electric vehicles, a move prompted by sluggish sales of its ES8 model. Nio, which reported in its unaudited financial results Tuesday a loss of $390.9 million in the first quarter, is taking a number of measures in response to a slowdown in sales. Those changes […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/iR5FpPW4UrY/
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