NIO and Li Auto Deliveries Set Records. That’s Good News for Tesla.
Chinese electric-vehicle makers
NIO
and
Li Auto
set new monthly delivery records in November. The results will come as a relief to weary EV investors and might be good news for
Tesla
stock.
NIO
(ticker: NIO) reported deliveries last month of 14,178 vehicles, up 41% from October and 9% higher than the previous monthly record of 12,961 set in June 2022. Deliveries this year are now at 106,671 vehicles, up 32% from the same span of 2021.
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