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Startups

Chinese electric car startups hemorrhaging Silicon Valley talent

Development model of research in U.S. and testing in China has failed to work

Gu Junli, who served as vice president of autonomous driving at Xpeng Motors for more than two years, has left the Chinese EV maker.   © Reuters

BEIJING -- A Silicon Valley hiring spree among Chinese electric vehicle manufacturers appears to have come to an end, as a number of executives employed to lead the startups' U.S. development are quitting.

Most Chinese electric car newcomers have adopted a development approach based on research in the U.S. and testing in China. But the ongoing talent exodus may signal the model's failure.

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