Tag: makers
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Tesla and local EV makers are eclipsing legacy auto in China’s electric car segment
It appears that making electric cars that people want to buy is not so easy, after all. This is a hard lesson that is currently being learned by veteran automakers like Volkswagen and Toyota, both of whom are being vastly outperformed in China by Tesla and the country’s homegrown premium EV makers. China is the…
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A Chinese Tesla competitor skyrockets nearly 350% in just 2 days after announcing it will launch vehicles in the US next month (KNDI)
Visual China Group/ Getty Images/ Kandi Technologies announced Wednesday that it will launch two electric vehicles in the US in August, and that the cars will be available for delivery by the end of the year. Shares of the company have skyrocketed nearly 350% in the last two days. The Chinese company is a competitor…