A charging station in Beijing. China’s shift to electrification has been slow. Photo: AFP
Investors question rally in stocks of Tesla’s Chinese electric vehicle rivals
- NIO, Xpeng and Li Auto have each lost more than 10 per cent over the past week
- Stock surge was based on investors betting that Tesla will help broaden the appeal for electric cars
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Autos
A charging station in Beijing. China’s shift to electrification has been slow. Photo: AFP