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Nio records 109,178 vehicle deliveries in Q3

The Motley Fool +1 · ·by G4L

NIO
NIO NIO Inc ADR
$3.28 -3.81%
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  1. 1Nio recorded 109,178 vehicle deliveries in the third quarter.
  2. 2Nio achieved a vehicle margin of 18.5% in the second quarter.
  3. 3Nio management stated that the premium ES8 and ES9 SUVs each generated a vehicle margin of over 20%.

So what's the key point?

Nio sold 109,178 vehicles in the third quarter. The company's profitability improved as high-end models generated significant profit margins.

Source The Motley Fool +1 · View original ↗

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