Nio founder William Li, 48, in a showroom in Shanghai.
Image: Bloomberg
Customers in China are running away from German automakers. This is due to entrepreneurs like William Li: His start-up Nio sells more electric cars there than Mercedes and Co. The story of a climber.
Li Bin was ten years old when progress arrived on his doorstep. In the farming village in east China’s Anhui Province where little Bin lived, the first road was paved. It was the mid-1980s, and it would be another three years before his hometown would have electricity.
Marcus Theurer
Editor in the economy of the Frankfurter Allgemeine Sunday newspaper.
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The boy was one of many millions of “children left behind” at the time. This is what sons and daughters are called in China who live in the country without their parents, who have moved to the city and earn money there to support the family. His father, an engineer, worked in the metropolis of Nanjing, his mother worked there as a factory worker.