Must be joking. Nio had limited proprietary technology and is replying on branding to win customers.
Marketing is another cost element which will eat into margin.
Within China, it is facing competition from Xpeng, BYD.
Very very very tough to win.
Must be joking. Nio had limited proprietary technology and is replying on branding to win customers.
Marketing is another cost element which will eat into margin.
Within China, it is facing competition from Xpeng, BYD.
Very very very tough to win.
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