China’s Electric Car Startups Put a Dent in Legacy Automaker Market Share

China’s Electric Car Startups Put a Dent in Legacy Automaker Market Share

https://reddit.com/r/electricvehicles/comments/x84r1x/chinas_electric_car_startups_put_a_dent_in_legacy/
Recoil42
https://www.bloomberg.com/news/articles/2022-09-07/china-s-electric-car-startups-put-a-dent-in-legacy-automaker-market-share


China’s Electric Car Startups Put a Dent in Legacy Automaker Market Share



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5 thoughts on “China’s Electric Car Startups Put a Dent in Legacy Automaker Market Share

  1. > There was talk a few years ago about how many of these startups risked being wiped out by stricter technology standards. Lo and behold, some not only survived but are growing sales quite quickly. Xpeng, Hozon New Energy Automobile, Li Auto, Nio, Leap Motor and WM Motor are now selling almost 150,000 EVs a quarter, about 7% of the global total and up more than 10-fold from the beginning of 2020.

    Really incredible how quickly some of these brands are growing, and how promising they all are. Xpeng, Nio, Hozon and Leap are all planning for landmark releases this quarter — the G9, ET5, Neta S, and C01, respectively — which should drive even more growth.

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