MW Nio, XPeng report big gains in first-quarter deliveries
Nio $(NIO)$, the Chinese electric vehicle maker, said it set a new monthly record of 7,257 deliveries, with 20,060 deliveries in the first quarter, a gain of 423% year-over-year. Another Chinese EV maker, XPeng $(XPEV)$, said March deliveries were 5,102, and first-quarter deliveries jumped 487% to 13,340. Nio shares ended Wednesday up 4% to $38.98, and XPeng rose 8% to $36.51 on Wednesday.
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
$(END)$ Dow Jones Newswires
April 01, 2021 05:40 ET (09:40 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
