The Nio EP9, one of the fastest electric cars in the world and a another sign of China’s growing presence in all segments of the EV market. Photo: AFP
The Nio EP9, one of the fastest electric cars in the world and a another sign of China’s growing presence in all segments of the EV market. Photo: AFP

Tesla, recharge: can China’s EV brands dethrone Elon Musk? Start-ups Li Auto, Nio and Xpeng are going global with cheaper electric cars for all

  • Tesla may be the world’s best-known manufacturer of electric vehicles – but Chinese brands are catching up quick and starting to eye foreign markets
  • The ultra-compact Wuling Hongguang Mini EV was China’s second best-selling EV last year, behind the Tesla Model 3, and priced at just US$4,400

The Nio EP9, one of the fastest electric cars in the world and a another sign of China’s growing presence in all segments of the EV market. Photo: AFP
The Nio EP9, one of the fastest electric cars in the world and a another sign of China’s growing presence in all segments of the EV market. Photo: AFP
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