Chinese EV makers should brace for protectionist policies abroad: Nio CEO

Chinese EV makers should brace for protectionist policies abroad: Nio CEO

FILE PHOTO: William Li, founder and chief executive officer of Chinese electric vehicle maker Nio, unveils Nio's ET7 sedan at a product launch event in Chengdu, Sichuan province, China, January 9, 2021. REUTERS/Yilei Sun/File Photo

Chinese electric vehicle makers should brace for the possibility of protectionist policies being leveled against them by foreign governments as they seize on their cost advantages to expand exports, the founder of Chinese EV maker Nio said.

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