NIO delivered 40,052 vehicles in the fourth quarter, above the upper end of its lowered guidance range of 38,500 to 39,500 vehicles.
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Geely is launching one more brand. It will sell middle-to-high-priced EVs and PHEVs. And it has a quirky name 'Milky Way'.
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An NIO salesperson in Beijing said the older ES8, ES6 and EC6 models have been discontinued for two months and they are now out of stock in the city.
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The first model of the new brand is expected to be a sedan that will have extremely low wind resistance.
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