CnEVPost Newsletter: NIO reports Q1 earnings; XPeng begins G6 pre-sale; BYD unveils sub-brand
NIO Q1 earnings miss expectations, gross margin drops to 1.5%
NIO guided for second quarter vehicle deliveries to be between 23,000 and 25,000 units, meaning it expects June deliveries to be in the range of 10,187-12,187 units.
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