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Elon Musk: Tesla Delivers Record Number Of Cars After Price Cuts | Brunei s No 1 News Website
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Abu Dhabi s CYVN Holdings takes 7% stake in Chinese EV start-up Nio for $739m
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An employee at EV maker Nio has publicly complained about the company requiring nearly 500 extra working hours over the past six months.
The electric car start-up has slashed the waiting time for its cars to be delivered, the latest sign that it has overcome supply chain problems and is back on track to pursue high growth in the world’s largest automotive market.
The popularity of the American giant’s cars means Nio, Xpeng and Li Auto face an uphill struggle to maintain their market share in the highly competitive market, according to some analysts.
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