There are 'bright spots' for Xpeng and Nio, says consultancy
Le is talking about the competition among premium brands in the Chinese electric vehicle market.
Tu Le, of Sino Auto Insights, says that "the competition has only just begun on the China [electric vehicles] market in terms of some of the premium brands." He continues: "It will be an interesting area to watch in the coming years, as we begin to see how these brands start to distinguish themselves."