Hefei has led the country in making electric vehicles and other tech products, but it still has not escaped a nationwide housing crisis.
Category: Nio Ltd
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Why Volkswagen Is Hiring 3,000 Engineers in China
Volkswagen is shifting more operations to China, tapping the country’s electric vehicle capacity and building factories.
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China’s Electric Car Factories Are Facing a Worker Shortage
China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
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Nio Loses $35,000 a Car. That Should Scare the U.S. and Europe.
Chinese electric vehicle companies like Nio are pulling ever further ahead, partly through government support but also rapid technological advances.
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Price War Over Electric Cars Erupts in China
The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
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Why China’s Economy Faces a Perilous Road to Recovery
The New York Times – Business:Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.