New entrants versus establishers in China and US electric vehicle marketplace: a comparative analysis.

The article looks at the phenomenon of the new entrants surpassing the market establishers in China's and the USA's electric vehicle marketplace. Most of the current studies focus on the leading companies having first moves on early technology adoption. Based on the results from the expert interviews and literature review, we compared cases from both China and the USA. The study constructed and validated a framework for a theoretical model for the innovation drive, the technological mode and the business model to explain underlining driving factors and mechanisms where new entrants are taking the lead in the electric vehicle market. Suggestions for both new entrants and establishers are provided based on the established framework. [ABSTRACT FROM AUTHOR]