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9/26/20

Energized by Tesla, Chinese electric car startups are charging ahead

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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

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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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