Tesla’s Rise Has Inspired a Dozen New EV Rivals
If imitation is the sincerest form of flattery, then Elon Musk should be blushing. In addition to the increased competition from big auto manufacturers, there are also now many venture-backed startups that are now kicking tires within the electric vehicle industry. According to Tracxn, a startup intelligence platform, some of Tesla’s rivals include Faraday Future, NextEV, and Atieva. This set of companies has raised hundreds of millions from...
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