China EV maker Nio says it has no plans to raise prices in the short term

Nio said in a statement that supply chain costs are undergoing major changes due to raw material prices and chip supply and demand.

Chinese electric vehicle (EV) maker Nio on Monday said it has no intention of raising prices in the short term, but that it will be flexible in its decision-making given changing circumstances.

Nio said in a statement that supply chain costs are undergoing major changes due to raw material prices and chip supply and demand.

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