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Electric vehicles are surging onto the scene, but range anxiety remains a persistent buzzkill. Lithium-ion batteries, the current kings of the road, offer decent performance, but they have limitations. Solid-state batteries are potential game changers.
While Nio didn’t spell out what drove its growth, the company likely benefited from the release of the updated ES6 SUV, which was introduced in May.
Chinese Automaker Nio To Target $15,000 To $30,000 Market With New EV Sub Brand
Investors are seeing a competitor gain ground on Nio in China.
Investors are seeing a competitor gain ground on Nio in China.