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Nio expects Q1 deliveries between 20,000 and 20,500 vehicles

As of January, Nio had delivered 82,866 electric cars in China since its first model came to market in June 2018. Its high-end utility vehicles have proven a hit with wealthy consumers, helping to push Nio’s gross margin to 17.2 percent in the December quarter.
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Hyundai, Kia post lower Feb. volume

U.S. light-vehicle sales fell nearly 10 percent at Hyundai and Kia in February, in line with forecasts for what is expected to be a weaker month with fewer selling days as the industry slowly recovers from the pandemic.
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Volvo to be electric-only brand by 2030; EVs will be sold exclusively online

Volvo aims to be an electric-only brand in less than a decade and plans to sell all its EVs exclusively via its online store. When asked what this means to Volvo's global retail network, Lex Kerssemakers, head of global commercial operations, said no closures are planned.
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