Of dozens green car startups in China, only 2-3 will be around in five years, Nio chairman

Of dozens green car startups in China, only 2-3 will be around in five years, Nio chairman

Electric car | Photo: Bloomberg

Of dozens of startup electric car makers in China, only two or three will be around in five years’ time, the chief of Nio told Reuters on Thursday, after the automaker unveiled its first production car aimed at taking on Tesla Inc’s Model X.

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