The Story
One of the largest industrial shifts in history is underway: internal combustion engines are ceding the global market to electric vehicles.
China’s Global Quest for Electric Vehicle Dominance
One of the largest industrial shifts in history is underway: internal combustion engines are ceding the global market to electric vehicles.
American car companies own the old technology, but new Chinese upstarts understand the future. Beijing wants to own both.
The rules keep changing. Dictates from Beijing and shocks from abroad — tariffs, supply disruptions, scandals — constantly reshape which strategies work and which collapse.
Can century-old foreign manufacturers out-maneuver CCP-backed national champions in a $3 trillion market?
Practice reading a political economy where the rules are unwritten and always shifting.
Trade in social capital and proprietary information, not just money — the currencies that really move deals.
Decide when to fight rivals for EV dominance and when to align with them.
A Riskgaming scenario from Lux Capital