Backed by generous government stimulus policies, China now sells the most EVs in the world. Everything all at onceAs Chinese carmakers have moved to produce software-driven smart EVs, many development steps are taken in parallel, executives say. Chinese EV companies heavily use simulation software to create virtual prototypes and run tests in more iterations and in faster time. Startup spiritMany Chinese EV makers operate more like startups than legacy automakers. At NIO, the next model’s design emerges from various pitches sent in by its car designers based in Munich and in China.

Source: Wall Street Journal March 04, 2024 04:29 UTC