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)
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