Is NIO the new Tesla?[Battle for EV Supremacy]
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 Published On May 11, 2021

Is NIO the new Tesla?[Battle for EV Supremacy]

It is clear that the coming years will be defining ones for the global motor vehicle market. More and more traditional car manufacturers are adding hybrid or fully electric vehicles to their lines. With an increasingly stronger push for more eco-friendly transportation, they'll need to do just that if they wish to remain competitive in the evolution of the future market. Companies such as Tesla have revolutionized the e-vehicle industry, spearheading significant leaps forward with innovations that will be imitated and built upon for years to come. But while Tesla has been singular in this market, the Elon Musk-led company is notorious for delays and setbacks. They deliver on the goods, to be sure, but they are still infamous for either overpromising too early or delaying too much. Nothing spurs quality and sense of urgency quite as competition does. A more challenging, direct competitor to Tesla's electric vehicles may be just what the market needs to get much more out of all those participating. One such competitor is NIO.

Is NIO the new Tesla?[Battle for EV Supremacy]

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