Chinese EV deliveries slip in April, signaling a slowdown similar to the U.S.

Chinese electric vehicle maker NIO delivered 29,356 cars in April, down from 35,486 in March but higher than April last year. This decline reflects a broader slowdown in China's EV market, similar to trends seen in the U.S. The dip in deliveries could impact investor sentiment and suggests challenges ahead for the Chinese EV sector.