NIO Stock Hits The Brakes After 3-Day Rally: Xiaomi Reportedly In Talks Over Last German Hub Amid 90% Sales Crash
Xiaomi reportedly held talks over Nio’s last German sales and service hub, with representatives visiting the Munich facility repeatedly. Nio registered just one vehicle in Germany last month and 20 through the first nine months of 2026, down 90.5% year-over-year. Xiaomi is preparing to begin overseas vehicle sales in the second half of 2027 and…