NIO Stock: Nio Delivered 20,498 EVs in July. What Comes Next?

Nio (NYSE:NIO) stock is falling lower after the Chinese electric vehicle (EV) company released its July delivery figures. Nio delivered 20,498 vehicles, up by 0.18% compared to 20,462 vehicles a year ago. Premium smart electric SUVs accounted for 11,964 of the deliveries while premium smart electric sedans tallied in at 8,534.Still, July marked the third consecutive month of 20,000-plus deliveries. In June, the company notched a record monthly high for deliveries at 21,209 vehicles.For 2024, Nio has now del ...