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NIO-SW Has No Plans to Tweak Prices Despite ~RMB10K Increase in Costs of Premium Models, Says William Li
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William Li, founder and chairman of NIO-SW (09866.HK), said today (11th) that rising prices of storage memory and other raw materials have increased the cost of premium new energy vehicle models by RMB3,000-5,000 each, with a total impact of nearly RMB10,000. NIO-SW's current system can absorb the pressure from higher costs, Li added. The company has no plans to adjust prices for now. AAStocks Financial News |
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