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Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC

China International Capital Corporation Limited has updated its forecast for Nio Inc, saying it expects the Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpostreport.What Happened:The China-based investment bank estimates Nio’s production and sales to remain strong in the second half of the year.Nio delivered 21,896 units in the second quarter,near the upper end of the company's 21,000- to 22,000-unit delivery guidance, in line with
Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC

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