An employee on the production line of JAC-NIO’s manufacturing plant in Hefei, Anhui province on August 28, 2022. Photo: China Daily via Reuters.
An employee on the production line of JAC-NIO’s manufacturing plant in Hefei, Anhui province on August 28, 2022. Photo: China Daily via Reuters.

Nio sees silver lining, predicting 32 per cent growth in third-quarter EV deliveries even if China’s slowdown deters most buyers

  • Deliveries may rise to between 31,000 and 33,000 EVs in the three months ending in September, compared with 25,059 in the previous quarter, Nio said
  • The top end of the forecast means an increase of 7,941 cars from the previous three months, in sharp contrast to rivals Xpeng and Li Auto

An employee on the production line of JAC-NIO’s manufacturing plant in Hefei, Anhui province on August 28, 2022. Photo: China Daily via Reuters.
An employee on the production line of JAC-NIO’s manufacturing plant in Hefei, Anhui province on August 28, 2022. Photo: China Daily via Reuters.
READ FULL ARTICLE