With a flood of new money supercharging the industry, third-tier EV makers are emerging as powerful forces.
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DRIVE I/O | Fatal crash threatens Nio’s reputation and expansion plans
There could be more consequences to come as Nio is in advanced plans to enter the competitive mass auto market.
Li Auto may have controlled its costs in 2020 too well
Li Auto booked its first quarterly net profit in Q4 but investors are worried about underinvestment in products and self-driving technology.