I think this is also another occurrence of the "innovato's dilemma" applied to the car industry. None of the incumbents have negotiated the shift to EV very wel

I think this is also another occurrence of the "innovato's dilemma" applied to the car industry. None of the incumbents have negotiated the shift to EV very well with similar patterns as we've seen previously in other industries, in this case combined with the huge investment and industrial capabilities of China.