NIO is the latest electric vehicle-maker to earn the aspirational label of "Tesla Killer." As the fastest growing EV company in China, it has a legitimate shot given that China is the biggest purchaser of EVs worldwide. However, just two years ago, NIO was almost bankrupt–a common problem in this nascent sector. In order to truly become the "Chinese Tesla," NIO will first have to fend off hundreds of EV rivals closer to home.
#EV #China #Profiles
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1
QuickTake Originals is Bloomberg’s official premium video channel. We bring you insights and analysis from business, science, and technology experts who are shaping our future. We’re home to Hello World, Giant Leap, Storylines, and the series powering CityLab, Bloomberg Businessweek, Bloomberg Green, and much more.
Subscribe for business news, but not as you’ve known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel QuickTake News for breaking global news and insight in an instant.
We are sorry that this post was not useful for you!
Help us improve our content!
Tell us if mBlip should continue to feature this YouTuber's content.