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Nio surges 9% after releasing first flagship EV in more than two years

Markets CNBC By CNBC 28 May 2026 01:33 1 min read
Nio surges 9% after releasing first flagship EV in more than two years

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

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