Weekly Recap: Q2 RMB32.14B revenue and NIO Power 30% sale valued ~RMB16B
NIO Inc. Sponsored ADR Class A (NYSE:NIO) reported Q2 revenue RMB 32.14B with 107,658 deliveries and July deliveries of 35,934, set Q3 guidance of 108,000—111,000 vehicles, struck a deal valuing NIO Power at ~RMB 16B with a Geely unit, opened a solar swap station while recalling 686 Firefly EVs, an…