NIO survives on government capital
Those who drive a NIO often explain that Tesla has revolutionized the automotive industry, not only because of the design of its cars or its electric batteries. The company headed by Elon Musk differentiates itself from other brands because of its software and the advances it introduces in the car with each update.
These may be power improvements, more energy efficiency or greater comfort for the occupants.
A Tesla gains performance over timeThe owners say, and that was unthinkable in the automotive industry a few years ago. Once a car leaves a dealership, it is difficult to renew it.
It is the U.S. manufacturer's technology that puts it ahead of the competition. And, especially at the high-end, it has almost no rivals. Until now.
NIO, the Chinese electric vehicle manufacturer, has set out to conquer this market segment and its factories. They have come out with models that compete with Tesla in performance.
