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China's Nio Faces Battle Royale After Return From Brink of Ruin
-- William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress shirt, the tall 46-year-old happily obliges with a smile.Urbane, early adopters in China’s biggest cities have been at the heart of that transition, and are prime targets for both Nio and Tesla. N
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