China's EV high-flyers face hard landing: will big three startups survive shakeout?

Nuying Huang, Taipei

Apr 18, 2025, 05:44 0

Credit: AFP

China's leading EV upstarts—Nio, XPeng, and Li Auto—delivered strong sales in 2024. Li Auto stood out as one of just three profitable NEV makers nationwide, alongside BYD and the rising Seres. Despite the momentum, a stark warning has emerged from academia....

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