Financial Times: Chinese Carmakers Step Up Challenge To Foreign Ev Products

German brands selling cars with traditional internal combustion engines built up their reputation over decades, but when it came to the new world of electric cars, “everyone is at the same start line”, said Leo Li, a Partner at Oliver Wyman in Shanghai. “No one really has an advantage in terms of history and many Chinese start-ups started out with global perspectives and built international teams,” he said. “They are not like the old generation of traditional Chinese brands.”

Click here to read the full story. Click here for Chinese version.