Tag: NIO
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Bubble Burst: Nio and Rivian Face Revenue Slump, but Diverge in Strategy
Nio’s Position: Slowing Growth and Shrinking Margins Nio stands out from its competitors with an extensive network of battery swapping stations, which enables swift battery replacements for its drivers instead of relying on traditional charging stations. Despite doubling its total deliveries in 2020 and 2021, Nio experienced a 34% growth to 122,486 vehicles in 2022. […]