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Energized by Tesla, Chinese electric car startups are charging ahead

AMB News Reporter

News Reporter
Filed under: Green,Beijing Motor Show,Tesla,Electric,Hybrid

China's electric vehicle startups are on the charge again, thanks to Tesla. The country's growing fascination with the U.S. pioneer's sleek designs and cutting-edge technology is giving a string of second-wave home-grown Tesla wannabes the traction to raise more funding, expand production and boost sales. Chinese EV startups NIO , XPeng Inc , Li Auto and WM Motor have raised more than $8 billion (£6.27 billion) between them this year and now rival Aiways is plann
Continue reading Energized by Tesla, Chinese electric car startups are charging ahead

Energized by Tesla, Chinese electric car startups are charging ahead
originally appeared on Autoblog on Sat, 26 Sep 2020 08:00:00 EDT. Please see our terms for use of feeds.

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Reuters

 

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