TL;DR Breakdown Regulatory hurdles in China are causing significant delays for big tech firms, like Baidu, Xiaomi, and Didi, who aim to produce electric vehicles (EVs). Despite challenges, optimism prevails, with tech giants exploring partnerships and different strategies to navigate the complex regulatory environment. Description Navigating the labyrinthine network of bureaucratic red tape in China, multinational tech corporations are grappling with mounting challenges. Their plans to produce electric vehicles (EVs) in the colossal Asian market have hit a brick wall, as they struggle to secure regulatory approvals. The regulatory hurdles are particularly stifling the ambitions of newcomers such as Baidu, … Read more Navigating the labyrinthine network of bureaucratic red tape in China, multinational tech corporations are grappling with mounting challenges. Their plans to produce electric vehicles (EVs) in the colossal Asian market have hit a brick wall, as they struggle to secure regulatory approvals. The regulatory hurdles are particularly stifling the ambitions of newcomers such as Baidu, Xiaomi, and Didi, threatening to eclipse their nascent ventures in the booming EV space. A maze of regulations stalls EV rollouts The…