How to be the next Tesla

CARMAKING IS LITTEREDGMWMEV with defunct marques, from Diatto and Hupmobile to Mercer and Whitlock. America spawned around 250 firms by the 1910s. As the 20th century wound to a close it had three that mattered: Ford, General Motors () and Chrysler. In the past few years an electric version of the early American automobile boom is unfolding on a global scale.Chinese startups like Aiways, Li Auto, Nio, Motor and Xpeng are already making electric vehicles (s) in their thousands. In Europe, Croatia’s Rimac and Spain’s Hispano Suiza are building hypercars, while Britain’s Arrival is manufacturing electric vans. American companies such as Canoo, Fisker, Lordstown, Lucid and Rivian hope to start full-scale production soon. Foxconn, a Taiwanese contract manufacturer better known for making Apple’s iPhones, may soon also be assembling for others. As for Apple, its next gadget could be an iCar.