Tesla’s Chinese rivals NIO, Xpeng report mixed sales fortunes in May amid global chip shortage
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- Jun 4,2021
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Tesla’s Chinese rivals NIO, Xpeng report mixed sales fortunes in May amid global chip shortage
Tesla’s Chinese rivals NIO, Xpeng report mixed sales fortunes in May amid global chip shortage
Xpeng’s sales rose 10 per cent month on month in May to 5,686 units, while NIO’s sales fell 5.5 per cent to 6,711 units in the same period
Citi raises its China electric car sales forecast to 2.52 million units this year, from 1.79 million units