Nio is the 'Chinese Tesla' that's more valuable than Volkswagen


Source: bestwnews.com

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Home » Technology » Nio is the 'Chinese Tesla' that's more valuable than Volkswagen Nio is the 'Chinese Tesla' that's more valuable than Volkswagen January 13, 2021 Tesla may be the world’s most valuable car company, but a six-year old, $100 billion Chinese firm is fast on its heels. For comparison, that valuation is bigger than car giants Volkswagen, Ford and General Motors, even though the company only delivered 36,721 vehicles last year (Volkswagen delivered 6.5 million). Electric car company Nio has been dubbed ‘the Tesla of China’, and though it may be without an Elon Musk at the helm,...