Li Bin: Aiming for more than a Chinese copy of Tesla
- China
- 5 min read
- Jun 19, 2019
- By Wang Xiao'e
© CompassList
Good at making and investing money, he founded two companies that went on to list on the NYSE and invested in over 40 startups
“I am not a fan of Musk... NIO is not a follower of Tesla either," he once said. "We are trying to figure out what we can do to differentiate ourselves from Tesla and do an even better job.”
Li personally invested US$150 million in the business when it was founded in 2014. His faith in NIO was sometimes interpreted by outsiders, or even by peers, as overoptimism.
In August 2018, He Xiaopeng, CEO of Xpeng Moto...
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