Chinese EV Maker Nio Announces Plan to Expand to Middle East, Intensifying Global Competition for Tesla

Chinese electric vehicle (EV) manufacturer Nio is set to expand its operations into the Middle East by the end of this year, according to CEO William Li. This move, which comes as part of Nio’s broader strategy to increase its global footprint, following the trend set by its competitors, is expected to further give Tesla [...]The post Chinese EV Maker Nio Announces Plan to Expand to Middle East, Intensifying Global Competition for Tesla appeared first on Tekedia.

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