Chinese electric vehicle brands BYD, XPeng, Li Auto and Nio outstrip rivals in golden era for country's car industry
Fast-growing companies such as BYD, XPeng, Li Auto and Nio are increasingly favoured by consumers.
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Fast-growing companies such as BYD, XPeng, Li Auto and Nio are increasingly favoured by consumers.
“The present becomes the past very quickly,” Petersen Automotive Museum historian Leslie Kendall says.
The country's EV market is set to see record sales of 6.5 million units in 2022, nearly double the 3.52 million units sold in 2021, according to the China Passenger Car Association.
“The present becomes the past very quickly,” Petersen Automotive Museum historian Leslie Kendall says.
The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.