Xiaomi and Nio report strong sales in China, but upcoming holiday may affect February sales. Tesla's rival facing challenges.
Xiaomi and Nio experienced impressive performances recently, showing strong sales numbers. However, February sales may be impacted by the upcoming Lunar New Year holiday. Despite a direct rivalry with Tesla in China, Nio reported robust sales figures while another unnamed giant in the industry is facing a decline in sales. This news was originally reported by Investor's Business Daily.
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