You are viewing a single comment's thread from:

RE: LeoThread 2025-05-25 20:39

in LeoFinance5 months ago

Part 3/8:

A pervasive culture within established automakers seems to stifle innovation. Executives are often risk-averse, fearing that taking chances might jeopardize their careers. This lack of dynamism leads to a scenario where "no" is the easiest answer and further entrenches legacy practices that may not align with current market demands. As new players emerge, they are more willing to take risks, leveraging fresh ideas and technology, but they often lack the combination of experience and ambition that truly fuels success.

The Chinese Automotive Market's Consolidation