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RE: LeoThread 2025-02-18 09:48

in LeoFinance2 months ago

Part 6/10:

The early version of China's "Sprint and Marathon" strategy maximized these challenges. During the sprint phase, China focused on establishing a supply chain while constructing an extensive industry tied to local resources. This initially involved the state purchasing vehicles for public use, generating guaranteed demand, and subsequently shifting toward incentivizing private purchases through substantial subsidies—essentially ensuring that the framework for EV adoption was executed before other global players could respond.

The Marathon Phase: Global Leadership