(Boursier.com) — You’re here is not alone. NIO, the Chinese electric vehicle manufacturer listed on Wall Street, lost 4.5% in pre-session after lowering its forecast for vehicle deliveries for the fourth quarter to a range now between 38,500 and 39,500 against 43,000 to 48,000 previously . “In December 2022, the company faced challenges in deliveries and production, as well as some supply chain issues, caused by the outbreak of the Omicron variant in major cities in China,” said said the company. The Asian company, a competitor of Tesla, has lost 65% of its value this year.
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