China’s US-listed electric carmakers NIO and Xpeng rev up to catch up with Tesla on their home turf as NEV battle heats up

//China’s US-listed electric carmakers NIO and Xpeng rev up to catch up with Tesla on their home turf as NEV battle heats up

China’s US-listed electric carmakers NIO and Xpeng rev up to catch up with Tesla on their home turf as NEV battle heats up

Tesla’s challengers in China are revving up their output of electric cars, as manufacturing mostly returns to normal in the first major economy to emerge from coronavirus lockdown, helping the country extend its lead in the worldwide market for new-energy vehicles (NEVs).At NIO’s joint-venture factory in the Anhui provincial capital of Hefei, production has stepped up by 50 per cent, where 30 of the all-electric ES6 five-seat sports utility vehicle (SUV) and the bigger ES8 premium SUV roll off…

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By | 2020-12-07T08:05:11+00:00 December 7th, 2020|Technology|Comments Off on China’s US-listed electric carmakers NIO and Xpeng rev up to catch up with Tesla on their home turf as NEV battle heats up