Tesla Vs NIO: The Battle For China's Electric Car Soul
Tesla Vs NIO: The Battle For China's Electric Car Soul
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NIO is the latest electric vehicle-maker to earn the aspirational label of "Tesla Killer." As the fastest growing EV company in China, it has a legitimate shot given that China is the biggest purchaser of EVs worldwide. However, just two years ago, NIO was almost bankrupt — a common problem in this nascent sector. In order to truly become the "Chinese Tesla," NIO will first have to fend off hundreds of EV rivals closer to home. More: https://trib.al/FaRuSp9 | Bloomberg Originals
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