![Chinese electric vehicle start-up Nio Inc. vehicle is parked in front of the New York Stock Exchange (NYSE) to celebrate the company’s initial public offering (IPO) in New York, U.S., September 12, 2018. REUTERS/Brendan McDermid](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/PUASGJ6ZP75VEEORINGWSZZQKA.jpg?smart=true&auth=6213bda922350e07591206b429b1db1cf57a69161fd33497779dbf9ba7f5c5d0&width=400&height=225)
A Nio electric car at the New York Stock Exchange. The Chinese EV industry is making US rivals nervous. Reuters
A Nio electric car at the New York Stock Exchange. The Chinese EV industry is making US rivals nervous. Reuters
US set to raise tariffs on Chinese electric vehicles next week
China says it will take steps to defend its rights and interests