Tesla vs Nio vs Xpeng vs Li Auto: What's Driving Chinese Consumers' Choice?

Benzinga2021-03-03

Consumers in China focus on factors such as the price and driving range the most while buying an electric car, according to areport by CNBC.What Happened: As per the CNBC report, which is based on ...

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精彩评论

Bigray
2021-03-04
Bigray
Go Li!
HUATAH888
2021-03-04
HUATAH888
Nio means No remove i
HUATAH888
2021-03-04
HUATAH888
BYD is the best [开心]
kC247
2021-03-03
kC247
Nio!
Amb1tion
2021-03-03
Amb1tion
perfect
Kelyn
2021-03-03
Kelyn
Teslaaaaaaa go higher

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The extra range is an attraction for consumers due to the absence of public charging infrastructure in China’s remote regions.While Nio sells several car features as a subscription model, the company’s customer care service was an attraction for buyers, according to the CNBC report. Nio's founder, chairman and CEO William Li said the companydoesn't prefer to emulate Teslain cutting prices and boosting order backlogs.Tesla’s Model 3 sells fornearly $39,000in China following a series of price cuts made by the company last year. Online stories about Tesla’s poor customer service also apparently deterred some from buying the U.S. electric car maker’s vehicles.Why It Matters: Electric vehicles are seeing strong demand from consumers in China after the government launched subsidy programs and announced the development of a national charging network. 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