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WHY NIO IS TRADING LOWER TODAY

NYSE:NIO   NIO Inc.
Shares of NIO Inc.
NIO 2.32%
are trading lower following a passenger's death in a NIO vehicle. This is resulting in many calling for stricter self-driving car safety regulations in China.

The vehicle was so badly damaged that technicians on the scene were limited in what they could do in the first instance. NIO had then sent a team to Fujian, according to another report by cnEVpost.

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