In the global race for electric vehicle dominance, China is leading the charge, transforming itself into the epicenter of the EV revolution. Multinational automakers looking to compete there face steep challenges in a market dominated by domestic titans who are bolstered by government backing, relentless innovation, and deep local insights. As Taylor Ogan of Snow Bull Capital put it in a conversation with me: “It’s no longer about market dynamics or understanding the Chinese consumers’ needs, it’s about survival.” According to this CEO of the green and high technology hedge fund, the stakes are now much higher for global EV companies than before.
