Chinese electric vehicle company NIO has released its electric vehicle sales reports for the third quarter of 2020, and for the past October. Sold in the third quarter
Of course, in comparison with the volume of production and sales of the Shanghai #tesla plant, these figures seem somewhat modest, but for the Chinese manufacturer this is also a significant success. First of all, because there is a steady demand for the company’s products. This allows the company to increase production volumes, as well as expand the corporate network of automatic
If you look at the overall Chinese #automotive market, it is so huge that in fact there is enough room for everyone who can offer the buyer a decent and modern product, which is what NIO products are. # The company’s shares also show a steady growth. So we can state that #nio was able to overcome the consequences of the crisis (the name of which everyone knows), and reach a clear vector of growth.
I believe that the key to success here was the launch of the model on the market.
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