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Nio shares rise after narrower quarterly loss for Chinese EV maker – MarketWatch

Nio Inc. late Wednesday reported a narrower-than-expected quarterly loss, saying that it expects higher revenue in the current…

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Nio Inc. late Wednesday reported a narrower-than-expected quarterly loss, saying that it expects higher revenue in the current quarter thanks to higher demand for its cars as it smooths out its supply chain. Nio
NIO,
-3.62%
lost RMB587.2 million ($90.9…

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