NIO's Deliveries Climb 58% in February; Singapore Shares Slump 4%
MT Newswires
Yesterday
NIO (SGX:NIO, HKG:9866) delivered 20,797 vehicles in February, up 58% from a year prior, according to a Feb. 27 Hong Kong bourse filing.
Hong Kong-listed shares of the Chinese new-energy vehicle maker were down nearly 3% in Monday afternoon trading, while it was down nearly 4% in Singapore.
The deliveries comprised 15,159 NIO-branded premium smart electric vehicles, 2,981 vehicles under the ONVO brand, and 2,657 vehicles under the company's small high-end electric car brand FIREFLY.
For the two months ended Feb. 28, cumulative deliveries reached over 1 million.
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