Legacy automotive companies like Toyota and VW can maintain their competitive edge in the face of new EV startups by leveraging their established brand reputation, extensive supply chains, and economies of scale. They can also invest in research and development to innovate and match the technological advancements of EV startups. Furthermore, they can form strategic partnerships with these startups to combine their strengths and mitigate competition.
Do you feel trapped to outdo competitors? Better strategies can build a stronger defense against com...
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