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Nio Inc (NYSE: NIO) is waiving off the current subsidy amount to buyers who place orders this year but only receive deliveries in 2022, cnEVpost reported on Wednesday, citing a company update. What Happened: The Shanghai, China-based Nio said customers who pay a deposit for the ES8, ES6 and EC6 before the end of this year and receive delivery by March 31, 2022, would get the subsidy at the Chinese national subsidy rate for 2021.
...read full article on Benzinga
