Thomson ReutersElectric car startup Nio is planning to battle Tesla in the most lucrative market for battery-powered vehicles: China. Nio will sell its electric SUV, the ES8, in China in early 2018. The move puts the startup in direct competition with Tesla as it looks to gain traction in the country. China had more electric car sales than Europe and the US in both 2015 and 2016 and has also exhibited faster sales growth. Tesla has tripled its revenue in China to $1 billion in 2016, though it still makes more money in the US.

BING NEWS:
  • Tesla Model Y vs. Fisker Ocean Electric SUV Comparison: A Flashy Threat to Tesla’s Dominance
    With the Model Y, range tumbles from the EPA’s 330 miles to just 229, a bigger drop that suggests 330 miles to a charge will only happen with careful driving and conditions that perfectly match the ...
    04/19/2024 - 5:00 am | View Link
  • Some Tesla engineers are reportedly jumping ship to Elon Musk's AI startup
    Elon Musk's xAI appears to be poaching engineers from Tesla. Three former engineers for the EV maker have moved over to the AI startup since it officially launched last summer, The Information ...
    04/3/2024 - 11:19 pm | View Link
  • EV startup Fisker slashes prices of Ocean SUV amid debt troubles
    The Fisker Ocean competes with Tesla's Model Y SUV, and a growing crowd of mid-size electric SUVs such as the Ford Mustang Mach-E. Stay up to date with the latest news, trends and innovations that ...
    03/28/2024 - 7:17 am | View Link
  • The 10 Hottest AI Startup Companies Of 2022
    Read more about how these startups made it to CRN’s 10 Hottest AI Startups Of 2022 ... use the funding toward product development, go-to-market hiring and supporting emerging standards and ...
    11/29/2022 - 4:00 am | View Link
  • The 10 Hottest Networking Startup Companies Of 2021
    Some startups are focusing on filling holes in the market around consumption-based ... here 10 of the hottest enterprise networking startups of 2021. Cloud Networking-as-a-Service startup Alkira ...
    11/15/2021 - 4:48 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News