News Snapshot:
Nio’s ES7 sport utility vehicle adds another competitor to Tesla’s Model X and Y in China. Nio Chinese electric vehicle maker Nio on Friday said it delivered nearly 13,000 vehicles in June, up 60% from a year ago, as China’s auto industry continued to rebound from months of related disruptions. to the pandemic. Its total shipments of 12,961 was Nio’s best monthly result since public sales began in June 2018. But that wasn’t enough to edge out the company’s two main rivals. XPeng Motors on Friday said it delivered 15,295 vehicles to customers in June, up 133 percent from a...
