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China EV makers to take on Tesla's Model 3 through price, local manufacture#stockbroker

China EV makers to take on Tesla's Model 3 through price, local manufacture#stockbroker | Stockbroker | Scoop.it
It's not due to arrive in China until next year, but already Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars to go head-to-head against Tesla Inc's "mass market" Model 3 sedan.
Edu King Priest's insight:

"For leading Chinese electric vehicle (EV) start-ups such as Future Mobility, WM Motor and Singulato Motors, the key is that they will produce their cars locally, making them better able to match the Model 3's price."

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