China EV Troika Sees Deliveries Drop Out of Top Three in July

NIO posted a delivery of 10,052 units in July with a 26.7% YoY increase and cumulative deliveries as of July 31 this year reached 227,949 units. The company said production of the ET7, a flagship premium smart electric sedan, and the electric SUV model EC6 that month was constrained by the supply of casting parts. However, it expected the vehicle production to accelerate in the rest months of the current quarters as it has been working with supply chain partners closely.

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