NIO was dubbed China’s “Tesla killer” when it unveiled its sleek SUV at half the price of a Model X. It is now among Chinese startups burning more cash to compete in the world’s largest EV market.
NIO is among Chinese startups burning more cash to compete in world’s largest electric-vehicle marketGone are the long waits at charging stations: Chinese electric-vehicle startup NIO is pioneering battery-swap systems, challenging Tesla and other
rival carmakers. Photo illustration: Sharon Shikiller” when it unveiled a sport-utility vehicle in 2017 that offered a sleek design, large-screen panel and voice-command features—all at half the price of a Model X.Continue reading your article with
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