NIO:Top Runner among China’s “Emerging Forces”
Financing, innovation, and internet thinking create new user experiences
Summary
With the advent of the double credit policy to stimulate the popularization of electric vehicles in the Chinese automotive market and the gradual reduction of subsidies for new energy vehicles (NEV), many of the emerging EV automakers in China, once dubbed as “PPT (Powerpoint) car builders,” have started to launch products to market. Of these emerging industry forces, it can be said that NIO is outperforming the other emerging NEV automakers. In a situation where mass-produced smart electric cars have not yet become popular worldwide, NIO has attracted the attention of the global automotive industry and the market for the following reasons: its listing on the NASDAQ in the U.S.,
Related reports:
CATARC report - November 2018: NEV trends in China(Dec. 2018)
Automotive Strategies of Alibaba and Tencent(Dec. 2018)
Beijing Motor Show 2018: Emerging Chinese EV makers(Jun. 2018)
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