China's Emerging Global Leadership In EVs Isn't Just Result Of Subsidies: Entrepreneurship Still Matters In This Market

25 Feb 2023 | Abstracted from Eurasiareview

"Chinese government spent about $60 billion between 2009 and 2017 to jumpstart the car sector...The entrance of Tesla has been a game changer for the industry because it pushed the Chinese manufacturers to design EVs with smart driving features from scratch."

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