this post was submitted on 06 Nov 2023
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Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts 'intense competition'::China's Nio has been hit by weak consumer sentiment in the world's second-largest economy, stiff competition and a price war started by Elon Musk's Tesla. 

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[–] RedditRefugee69@lemmy.world 2 points 2 years ago (6 children)
[–] tony@lemmy.hoyle.me.uk 11 points 2 years ago (1 children)

They're more a BYD rival, being chinese.

[–] casmael@lemm.ee 4 points 2 years ago

Quite a few BYD buses in London now tbh, they’re annoyingly good.

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