NIO reported 40,597 June deliveries and more than 107,000 Q2 deliveries. Despite strong growth, the EV stock is under pressure.

NIO reported 40,597 June deliveries and more than 107,000 Q2 deliveries. Despite strong growth, the EV stock is under pressure.

Li Auto June deliveries dip 14.8% YoY to 30,895 amid rising China EV competition, while peers NIO and XPeng post strong growth.