Nio & Xpeng: Is The Worst Of The Semiconductor Crunch Over For Chinese EV Stocks?

Chinese electric vehicle majors Nio and Xpeng provided mixed delivery figures for the month of May, as they continued to be impacted by the current shortage of semiconductors. While Nio delivered a total of 6,711 vehicles in May, down 5.5% from April, Xpeng was able to grow deliveries by about 10%..