Episode Details

China’s EV boom isn’t just a top-down government triumph—it’s the messy, decentralized result of regional governments racing to build local champions, sparking a flood of 140+ brands and crippling overcapacity. While Beijing pushed state giants, it was regional rivals like Chery and Geely who thrived through grassroots hustle. Now, with Europe mirroring the US trade tensions, China’s fragmented auto landscape is forcing tough choices—and no easy fixes.

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