Investing.com -- Goldman Sachs downgraded Chinese electric vehicle maker NIO Inc (HK:9866) to “sell” from "neutral" on a limited pipeline of new models and sluggish production ramp-up on its vehicles.
NIO, XPeng and Workhorse incur narrower year-over-year loss per share in Q3. Revenues decline for NIO and WKHS but increase for XPEV.