China’s EV makers pour billions of dollars into research, output and marketing to catch up with Tesla on their home turf - ShareIsValue
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Tuesday, September 29, 2020

China’s EV makers pour billions of dollars into research, output and marketing to catch up with Tesla on their home turf

Manufacturers and assemblers of electric cars in China, the world’s largest vehicle market since 2009, are sharpening their pitches and raising their game as they pour billions of dollars into research, sales and marketing to catch up with the industry leader Tesla in their home turf.Long driving range on a single charge is essential in a nation with the world’s third-biggest land mass, as are sophisticated electronic gadgetry, unique applications, bells and whistles, according to the range of…

from South China Morning Post https://www.scmp.com/business/companies/article/3103333/chinas-ev-makers-pour-billions-dollars-research-output-and

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