Employees install batteries onto an electric sport utility vehicle (SUV) during a media tour of the Nio production facility in Hefei, Anhui province, in December 2020. Photo: Bloomberg
Chinese parts suppliers ride Tesla-powered electric-car boom as top battery maker surpasses Bank of China, Midea, PetroChina in size
- Contemporary Amperex has returned 424 per cent over the past 12 months, making it the eighth largest listed company in China by market value
- Others in the Tesla ecosystem have seen less than stellar performances amid concerns about margins, analysts say
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Tesla
Employees install batteries onto an electric sport utility vehicle (SUV) during a media tour of the Nio production facility in Hefei, Anhui province, in December 2020. Photo: Bloomberg