Nio Exec Says China’s Dozens Of EV Startups Will Dwindle To 3 In 5 Years

By Mark Kane The boom of the “New Energy Vehicle” sales (think plug-ins) in China has caused the flowering of numerous EV startups, most of which will not necessarily survive beyond 2020 according to…one of those start-ups. Nio chairman William Li stated that two, maybe three will be still around in five years …read more

Source:: http://feedproxy.google.com/~r/InsideEvs/~3/F9GYPcDtL_c/