News Snapshot:
BEIJING: China's electric vehicle startups are on the charge again, thanks to Tesla. The country's growing fascination with the US 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 between them this year and now rival Aiways is planning to go public, its co-founder and President Fu Qiang told Reuters. Speaking ahead of the Beijing auto show which starts on Saturday, Fu said the relative success...
