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October 8, 2019 05:38 pm GMT

After several disappointing quarters, Chinese EV maker Nios sales surge

Nio delivered 4,799 vehicles in the third quarter, a 35.1% surge in sales and a positive development for the Chinese electric automaker that has been plagued by cost overruns, a voluntary battery recall and macroeconomic conditions such as declining passenger vehicle sales and reduced EV subsidies. The company said Tuesday it also exceeded the middle […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QvCwJkzVMms/

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