$NIO Inc.(NIO)$ NIO's vehicle

NIO's vehicle margin may hit double digits in 2Q after rising 9.2% in 1Q, say Deutsche Bank analysts after a recent conversation with the automaker's management team. They note that NIO doesn't want to over promise if the vehicle margin can hit 15%. The 2Q vehicle margin will depend on cost control along its supply chain and promotion expenses, NIO tells DB

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