BTW. There exsited over hundred start-up EV manufactures (who received investment) in China since around 2014. About 40 of them still exist as of today with the

BTW. There exsited over hundred start-up EV manufactures (who received investment) in China since around 2014. About 40 of them still exist as of today with the top 5 claiming over 90% of the market share (that does not include traditional car makers expanding their business). It is the most fiercest competition you could ever see and a powerhouse of innovation. Those information should be easily available to you had you know any VC person following this track. Even if the author is presumably a 'sucessful businessman' by any definition. Ask how many of those failed ventures have a 'sucessful businessman' as their leader.