By 
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions for the resurgence of Covid in China as well as weaker consumer demand due to a difficult economic environment in the country.
Future Publishing | Future Publishing | Getty Images
Stocks of Chinese electric vehicle makers Nio, Li Auto and Xpeng tanked on Thursday after the latter two start-ups reported a sharp fall in August car deliveries.
Here are the August delivery numbers for the three companies:
- Li Auto: Delivered 4,571 vehicles in August, down 56% versus July’s number of 10,422 cars. That…
Source cnbc.com
