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"highlight": "<em>Nio</em> <em>Inc</em>. was taking around 295 days to clear its receipts payable, the vast majority of which are owed to suppliers, at the end of 2023 versus 197 days in 2021, according to the most recent available data compiled by Bloomberg.",
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"highlight": "Representatives for <em>Nio</em> and Xpeng didn’t respond to requests for comment.\n\nDelayed payments are starting to have a knock-on effects at auto-parts suppliers, Siebert said.",
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"highlight": "Try refreshing your browser, or China's EV Makers Taking Longer to Pay Bills Amid Rising Stress Back to video <em>Nio</em> <em>Inc</em>. was taking around 295 days to clear its receipts payable, the vast majority of which are owed to suppliers, at the end of 2023 versus 197 days in 2021, according to the most recent available data compiled by Bloomberg.",
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"highlight": "Representatives for <em>Nio</em> and Xpeng didn’t respond to requests for comment.\n\nAdvertisement 3 Story continues below This advertisement has not loaded yet, but your article continues below.\n\nArticle content Delayed payments are starting to have a knock-on effects at auto-parts suppliers, Siebert said.",
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"highlight": "<em>Xpeng</em> <em>Inc</em>., another US-listed Chinese EV maker, was taking 221 days to honor its obligations to vendors and related parties, up from 179 days, the data show.\n\nAdvertisement 2 Story continues below This advertisement has not loaded yet, but your article continues below.",
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"highlight": "Representatives for Nio and <em>Xpeng</em> didn’t respond to requests for comment.\n\nAdvertisement 3 Story continues below This advertisement has not loaded yet, but your article continues below.\n\nArticle content Delayed payments are starting to have a knock-on effects at auto-parts suppliers, Siebert said.",
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Other details
Exchange
- New York Stock Exchange
- equity
- Consumer Cyclical
- us