ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Electric cars in China

China's electric car startups risk same pitfalls as Tesla

Xpeng and NIO plan to raise $6bn, but production shortfalls show challenges ahead

NIO, the Shanghai-based electric vehicle startup, aims to raise as much as $1.8 billion through the IPO. (Photo by Akihide Anzai)

GUANGZHOU -- Chinese electric vehicle startups NIO and Xpeng are setting themselves up to mass-produce next-generation "smart vehicles," having recently announced ambitious fundraising targets.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more