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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[–] [email protected] 11 points 9 months ago (1 children)

They're more a BYD rival, being chinese.

[–] [email protected] 4 points 9 months ago

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