NIO Stock Jumps Overnight: SUV Boom Helps Overtake Mercedes, BMW And Audi Across 8 Chinese Regions
Nio gained ground even as its average transaction price remained above those of several core BBA models. Nio outsold Mercedes-Benz, BMW and Audi across eight provincial-level Chinese regions and 37 cities in August. The company has beaten the German luxury trio for six consecutive months in Guangdong and for two straight months in Jiangsu. The … Read more