Event JSON
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"Nio Faces Key Q3 Test as EV Deliveries Rise and Hybrid Plans Take Shape"
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"Nio, a Shanghai-based electric vehicle manufacturer, is set to release its Q3 results, with analysts expecting a 1.5% year-over-year increase in revenue to $2.65 billion. Despite an adjusted loss of $0.31 per share, the company is growing its network of charging stations and expanding initiatives to increase its customer base. Analysts are focusing on the ramp-up of Nio's L60 model and margin trends affected by the L6 model's contributions and shrinking losses in non-vehicle sales."
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