XPEV & NIO Trade Higher On August Deliveries: TSLA Competition?

XPeng (XPEV) and Nio (NIO) are trading higher on August deliveries. The total vehicles delivered in August were 13,690 with 7,068 G6 SUVs. NIO deliveries are up 81% year-over-year in August and sees 3Q deliveries of 55K-57K. XPEV’s August deliveries were up 43% year-over-year. XPEV monthly deliveries have increased continuously in 2023. Alex Coffey discusses these numbers and the E.V. sector. Tune in to find out more about the stock market today.

Morning Trade Live

01 Sep 2023

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