Chinese EV maker Nio slips after Q2 deliveries miss estimates
BUZZ-Chinese EV maker Nio slips after Q2 deliveries miss estimates ** U.S.-listed shares of Chinese EV maker Nio NIO.N slip after Q2 deliveries slightly miss estimates
** NIO falls 2.4% to $4.94 premarket after posting Q2 deliveries of 107,658, slightly missing estimates of 108,609 - Visible Alpha data
** Co's June deliveries rise 62.9% to 40,597 year-over-year
** XPeng XPEV.N rises 2.3% to $13.55 before the bell after delivering 40,126 vehicles in June, bringing Q2 deliveries to 103,295, in line with estimates
** Li Auto LI.O slips 0.34% to $11.70 premarket after Q2 deliveries of 98,330 slightly below estimates of 99,903
** Up to last close, NIO was down about 0.80% YTD, XPeng had fallen about 35% and Li Auto was down about 30.7%
(Reporting by Anzar Mehraj in Bengaluru)
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