Nio, the Tesla of China - Insider Monkey
Nio, the Tesla of China “We can really think of Nio as the original Tesla of China”. Nio is not a very known brand in the United States but is a leading player in China’s electric vehicle market. The company is an automobile manufacturer that operates in China. The company designs, develops, and manufactures electric vehicles just like that of the famous Tesla. Nio Inc. (NYSE: NIO) was founded in 2014 by the Chinese billionaire William Li. The CEO of Nio was inspired by the American electric vehicle Tesla (NASDAQ: TSLA). He was able to connect with an executive of Ford Motor and with ot...
Source: insidermonkey.com