Read and view the whole story: China's drive to dominate the electric car industry
and why Nio is China's only all-electric luxury car brand.
"Holly Williams reports on China's challenge to the rest of the world's carmakers, as they will build more than a million electric cars this year."
view: www.cbsnews.com/news/electric-cars-chinas-drive-to-dominate-the-industry-60-minutes/?ftag=CNM-00-10aab7d&linkId=64002724
"Nio's ES8 is competing with American-made Tesla for wealthy, status-conscious, Chinese. Their conspicuous consumption has made China one of the biggest markets for luxury goods in the world, with no import costs, at $60,000, the Nio is about half the price of a Tesla."
Qustion from Holly Williams: I heard you were the one to call this the Tesla Killer?
But to do this and if so, they all need our stuff !!
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