Dossier
Chen Jinzhu
Coverage of Chen Jinzhu in the Nexus archive.
- Premium plan: China’s EV makers pin hopes on high-end models to buttress margins
Chinese electric vehicle manufacturers are shifting focus to premium models to achieve higher profit margins and avoid intense price competition. New models from Nio and Seres aim to challenge Tesla’s Model Y in the world’s largest EV market. The move reflects carmakers’ confidence in their technological capabilities.
- Premium plan: China’s EV makers pin hopes on high-end models to buttress margins
Chinese electric vehicle makers are shifting to premium models to secure higher profit margins and avoid price competition. New models from Nio and Seres challenge Tesla's Model Y in the premium segment, with CEO Chen Jinzhu noting confidence in their technology.