China’s EV makers are having extra hassle paying their payments and now take 2 to three instances longer than Tesla does
The time it’s taking for a few of China’s electric-car makers to pay suppliers is ballooning — an additional signal of stress within the nation’s more and more cutthroat auto market. Nio Inc. was taking round 295 days to clear its receipts payable, the overwhelming majority of that are owed to suppliers, on the finish … Read more