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U.S.-listed Chinese EV startups NIO Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV) and Li Auto, Inc. (NASDAQ: LI) announced August delivery numbers Wednesday. Nio, often considered to be the leader of the pack, grossly underperformed the remaining two, raising serious concerns regarding its near-term trajectory amid geopolitical risks.
...read full article on Benzinga
