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Profiles: NIO NIO is the latest electric vehicle-maker to earn the aspirational label of "Tesla Killer." However, just two years ago, NIO was almost bankrupt--a common problem in this nascent sector.
GreenHyperdriveU.K. Slashes EV Subsidies for Second Time in Less Than a YearA Zero Emission badge on a Nissan Motor Co. Leaf electric automobile at a dealership in Sunderland, U.K.Photographer: Ian Forsyth/BloombergBySiddharth Vikram Philip+FollowDecember 15, 2021, 12:36 PM UTCFromFollow us at @BloombergUK for the latest news and analysis.The U.K. is reducing electric vehicle grants, the second cut in nine months, as the government looks to rein in spending.