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Growth waas largely driven by the ramp-up of sales of the X9 multi-purpose vehicle which was launched in early January with a starting price of about $50,000.
Nio’s performance was also better than its rivals.
Chinese luxury electric vehicle maker Li Auto stock saw growth slow over April, with deliveries coming in at 25,787 vehicles, up just 0.41% versus last year.
While Li’s sales also jumped 43% month over month compared to February, this was due to a favorable comparison when sales were weighed down by the Chinese New Year hol...
X9 deliveries came in at 3,946 units, leading its category in China.