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InsideEVs
InsideEVs
Technology
Mark Kane

EXPLAINED: Nio ev sales increased only 10 in february 2022 - The Real Truth

NIO reports 6,131 electric car sales in February, which is only 9.9% more than a year ago and noticeably less than in several previous months.

The company explains that part of the reason behind a slower growth rate is the production suspension at the NIO-JAC manufacturing plant during the Spring Festival holiday from January 31 to February 6. The other thing is that February is usually a slower month in China.

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