Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe.Chinese electric vehicle companies like Nio are pulling ever further ahead, partly through government support but also rapid technological advances.
Source: Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe. (https://www.nytimes.com/2023/10/05/business/nio-china-electric-vehicles.html)