Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts 'intense competition' (www.cnbc.com)
from L4s@lemmy.world to technology@lemmy.world on 06 Nov 2023 12:00
https://lemmy.world/post/7869576

Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts ‘intense competition’::China’s Nio has been hit by weak consumer sentiment in the world’s second-largest economy, stiff competition and a price war started by Elon Musk’s Tesla. 

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RedditRefugee69@lemmy.world on 06 Nov 2023 12:48 collapse

Tesla rival o Tesla copy?

snowe@programming.dev on 06 Nov 2023 13:32 next collapse

In what way?

RedditRefugee69@lemmy.world on 07 Nov 2023 03:17 collapse

It’s just kinda Chinese standard since PRC

snowe@programming.dev on 09 Nov 2023 02:38 collapse

But like, what are they copying here?

RedditRefugee69@lemmy.world on 09 Nov 2023 02:44 collapse

Just sayin… they have a very strong trend

tony@lemmy.hoyle.me.uk on 06 Nov 2023 14:01 collapse

They’re more a BYD rival, being chinese.

casmael@lemm.ee on 06 Nov 2023 17:37 collapse

Quite a few BYD buses in London now tbh, they’re annoyingly good.