China is likely to become the next leader in new energy vehicles, said Ian Zhu, a partner at NIO Capital, founded by NextEV and VC firms. Zhu spoke at a panel called “The Car the Internet Made” during TechCrunch Shenzhen; he pinpointed some of the advantages of the Chinese electric vehicle market such as motor and battery technology, a large market, and advances in the field of AI.
He also introduced NIO’s plans for a unique concept in the autonomous vehicle market called Eve. According to the company, NIO Eve is not just a car, it is a companion.
“The company’s focus is designing the car that is more tailored to the users,” said Zhu in an interview with TechNode.
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