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NIO releases financial results for Q2 2021 and will deliver 3 NT2.0-based vehicles in 2022

On August 12, 2021, NIO Inc. (NIO) released the financial results for the second quarter of 2021. The NEV maker achieved CNY 8.45 billion in revenues, up by 127.2% from the level in the same period of 2020. In the second quarter, NIO had more than CNY 48.32 billion in cash reserves and spent CNY 880 million in the R&....

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