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NIO said second-quarter revenue rose 69.1% year over year to 32.1 billion yuan, while deliveries increased 49.4% to 107,658 smart EVs. Gross margin was 18.4% and cash reserves reached 56.7 billion yuan.
Deliveries Down 4.9% To 590,962 Units Group BEV Sales Up 5.2% Sales Of BMW And Mini Brands In Europe Up 7.6%, In US Up 11.9%, In China Down 30.2%