28 Apr '16, 1pm

Another aspiring Chinese Tesla: NextEV and its founder William Li

Stephen Edelstein 281 views Apr 28, 2016 NextEV Formula E race car Enlarge Photo If imitation is the sincerest form of flattery, then Tesla Motors should feel very flattered indeed. The Silicon Valley carmaker's success has spurred a number of Chinese investors and tech entrepreneurs to start rival electric-car companies. One of those potential rivals is NextEV, which emerged into public view last year. DON'T MISS: Who Sold The Most Plug-In Electric Cars In 2015? (It's Not Tesla Or Nissan) It was started by William Li, who previously co-founded Bitauto Holdings Ltd., the largest provider of car-pricing data to Chinese dealers. While he hopes NextEV will become China's Tesla , Li also showed that he was a realist in a recent interview with Bloomberg. Taking a car from concept to production is very difficult, so Li only gives his company a 5 percent chance of success. 2014 T...

Full article: http://www.greencarreports.com/news/1103650_another-aspir...

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