Chinese Electric Vehicle (EV) makers Nio and Li Auto are at odds over the future of extended-range electric vehicles. In a recent statement, Nio's Founder and CEO William Li claimed that the company will no longer pursue extended-range EVs, citing high costs and inefficient battery use. This announcement comes as a surprise to industry observers, who had expected Nio to continue its focus on this technology. Meanwhile, Li Auto's CEO, Li Xiang, has fired back, stating that his company plans to continue investing in extended-range EVs, which he believes offer better value for customers. The disagreement highlights the ongoing debate within the Chinese EV sector over the role of extended-range vehicles in the transition to sustainable transportation.
Nio, Li Auto clash over future of extended-range EVs CnEVPost
