Chinese electric vehicle (EV) maker Nio's founder called for openness in a rare speech in the United States, where politicians have been seeking to further restrict China's access to the world's second-largest auto market.
SHANGHAI, April 14 - Chinese electric vehicle maker Nio's founder called for openness in a rare speech in the United States, where politicians have been seeking to further restrict China's access to the world's second-largest auto market.
"Competition will lead to greater investment, longer time to break even, less margin for mistakes and lower chances of success," Li said, according to a transcript of his speech provided by the company.
RATI:ADAS-AV-SAFETY RATI:ELECTRIC-BATTERY RATI:SUSTAINABLE-EV-SUPPLY-CHAIN RATI:REGULATORY-POLICY MTPIX EREP ANLINS AUT AUTO AUTOMV BATUPS CARM CMPNY CYCS CYCS08 DIP EHVEH ELC ELCO ELCO08 ELEAV EU GEN INDG INDG08 INDS INDS08 INTAG MACH MACH08 POL PUBL SCI TRD TRF EASIA AMERS US NAMER ASXPAC EMRG CN ASIA
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