Chinese electric carmaker Nio lays off 10 per cent of workforce amid fierce competition in world’s largest EV market November 4, 2023 By Che Pan The Shanghai-based company’s lay-offs reflect its effort to stay afloat amid escalating competition in the world’s largest EV market and rising losses. Source: Chinese electric carmaker Nio lays off 10 per cent of workforce amid fierce competition in world’s largest EV market Updated: November 4, 2023 at 11:12 am ◀ Former Guinea dictator, 2 others escape from prison, justice minister says Chilling moment Brit mum’s lover confessed he slit her husband’s throat while he slept after she poisoned his biryani ▶