Nio Germany EV Registration in May Down 34% from previous month
$NIO Inc (NIO.US)$ $Tesla (TSLA.US)$ $XPeng (XPEV.US)$ $BYD COMPANY (01211.HK)$ Chinese brands were mostly up or flat in Germany in May, except Nio, which was 34% down from the previous month. Nio saw 35 registrations, a decrease of 34% from 53 units in April and a 20% drop from 44 units last year. In the first five months of the year, Nio sold 190 vehicles in Germany, down 7.3%.
Source:
$BYD COMPANY (01211.HK)$ $BYD Co. (BYDDF.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Tesla (TSLA.US)$ $VOLKSWAGEN A G (VWAGY.US)$ $NIO Inc (NIO.US)$ $Li Auto (LI.US)$ $XPeng (XPEV.US)$ $General Motors (GM.US)$ $Ford Motor (F.US)$ $Rivian Automotive (RIVN.US)$ $MERCEDES-BENZ GROUP AG (MBGAF.US)$ $TOYOTA MOTOR CORP (TOYOF.US)$ $GEELY AUTO (00175.HK)$ $Stellantis NV (STLA.US)$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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