There are two headwinds. 1. JAN25 is a super low seasmonth . 2. Chinese new year is in Jan25 this year.(cny was in feb during 2024). If u see feb24 , the deliveries of Nio was just 8k. Have 14k now is almost a 75% increase. Let see their First Quarter.
Nio Delivers 13,863 Cars in Jan, Down 55% from Dec While up 38% Year-on-Year
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