Nio Gears Up To Produce Its Own EVs After Buying Partner's Factories - NIO (NYSE:NIO), Li Auto (NASDAQ:LI)

Key Takeaways: Nio Inc. has obtained a production license and is taking over manufacturing facilities from JAC, the partner that has been making its vehicles under contract for seven years Nio’s latest earnings report shows positive trends in revenues, vehicle deliveries, gross margin and vehicle margin By Kevin Guo

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