Chinese EV Frontrunners XPeng and NIO Report Mixed Delivery Figures for May Amid Global Chip Shortage
Chinese electric vehicle (EV) maker NIO saw its deliveries fall in May due to a global semiconductor shortage, while rival XPeng’s sales continued to grow at a robust pace as the company managed to prevent the chip crisis from hobbling its business.
The duo released their delivery results for May on Tuesday. NIO delivered 6,711 vehicles l…
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