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
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.Â
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Tesla rival o Tesla copy?
In what way?
It’s just kinda Chinese standard since PRC
But like, what are they copying here?
Just sayin… they have a very strong trend
They’re more a BYD rival, being chinese.
Quite a few BYD buses in London now tbh, they’re annoyingly good.