News Snapshot:
5/5 © . FILE PHOTO: People look at XPeng’s P7 sedan model displayed at the Guangzhou auto show in Guangzhou 2/5 By Norihiko Shirouzu BEIJING () – 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 (O:) wannabes the traction to raise more funding, expand production and boost sales. Chinese EV startups NIO (N:), XPeng Inc (N:), Li Auto (O:) and WM Motor have raised more than $8 billion between them this year and now rival...
