Chinese electric car company Nio doubles deliveries in 2020 as local competition ramps up for Tesla

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 6 Managing Financial Resources.

Description: BEIJING — China’s homegrown Tesla rivals are racking up sales in the world’s largest auto market.

Source: CNBC.com – video report

Date: Jan 04, 2021

Link: https://www.cnbc.com/2021/01/04/chinese-electric-car-start-up-nio-doubles-deliveries-as-tesla-competition-rises.html

Questions for discussion:

  • How important do you think branding is for all of these competitors in the global market?
  • Do you think Tesla remains a good investment at this time?

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