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Chapter 692 - Chapter 494: 1 Yuan for 3 Billion? What's Free Is Often the Most Expensive! 20 Billion to Build Cars

It wasn't that Chen Yansen had no interest in car manufacturing. He just felt the market, production, and policy conditions weren't mature enough.

Furthermore, the capital required to cultivate the market in the early stages was astronomical.

'Let the competition go first!'

'Let them clear the path first!'

Besides, he held the lifeblood of the new energy vehicle powertrain in his hands. Entering the market a year or two later would actually let him sidestep the industry's initial chaos and the costs of trial and error.

Once the market was mature and consumer awareness was established, he could make a powerful entry leveraging his core technology advantages. This would save him the trouble of educating the market and allow him to capitalize on already-established demand.

He'd be scooping food right out of his competitors' pot, saving him the trouble of even starting the fire.

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