Nio Inc (NIO)

[mick]

emission standard - pretty stiff ruling---wonder what dealers do with stock not sold ?????


16% drop in sales-SHOULD BE GOOD FER $NIO - EMISSION STANDARDS-CHINA IN AUTO SLUMP--- SO THIS WHY $NIO SALES DOWN SOME
Behind the plunge in China auto sales: chaotic implementation of new emission rules

SHANGHAI/BEIJING (Reuters) - Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.

https://www.reuters.com/article/us-china-autos-insight/behind-the-plunge-in-china-auto-sales-chaotic-implementation-of-new-emission-rules-idUSKCN1TW388?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29