One of the things that Americans loothe about the Chinese government is the rule that mainland owned and operated firms require a domestic partner, with legal access to the patents and property used in manufacture. This comes with subsidies and state support. But it creates a rich opportunity for those Chinese domestic partners to begin making fully local competitive alternatives.
The Chinese domestic EV market took full advantage of Tesla, siphoned out the best bits, and now allows the bad fruit to rot on the vine.
One of the things that Americans loothe about the Chinese government is the rule that mainland owned and operated firms require a domestic partner, with legal access to the patents and property used in manufacture. This comes with subsidies and state support. But it creates a rich opportunity for those Chinese domestic partners to begin making fully local competitive alternatives.
The Chinese domestic EV market took full advantage of Tesla, siphoned out the best bits, and now allows the bad fruit to rot on the vine.