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NIO - EV Company News For The Month Of December 2019
NIO Inc. American depositary shares each representing one Class A
Welcome to the December 2019 edition of Electric Vehiclecompany news. December saw November global electric car sales fall 26% mostly led by declines in China EV sales. Europe again performed very well up 44% year-over-year.
The big news this month were: China draft raising 2025 electrified-car sales target to about 25%, Fiat Chrysler-Peugeot $50 billion merger, and Tesla beginning Model 3 deliveries in Shanghai. The other major theme was automakers getting ready for the new lower emissions targets in Europe that begin on January 1, 2020.