News Snapshot:
Chinese electric car maker Nio ready to challenge Tesla in major global markets By 0 One of China’s largest electric car marques, Nio, is pressing ahead with plans to expand to Europe and beyond. Shares of Nio, which is considered by many as the ‘Tesla of China’, are up by almost 250 percent so far this year. “We hope in the second half of next year we can begin making some preliminary attempts in some countries that are more welcome to electric vehicles,†said William Li, founder and chairman of Nio, as quoted by CNBC. “We hope to begin with...
