Tesla could face a serious challenge from car maker Geely’s Zeekr, says David Bailey of the University of Birmingham.
Tesla's Model 3 is the best-selling premium electric vehicle in China where Zeekr will first try to get a foothold.
Geely uses the same underlying technology across all these different brands, says Bailey, which allows them to bring costs down significantly while still taking advantage of the familiarity of those brands in the markets they sell in.
Read more: https://newseu.cgtn.com/news/2021-03-25/Why-Geely-s-electric-vehicle-brand-Zeekr-should-have-Tesla-concerned--YVk2RwGQ3C/index.html
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