Their EV market is pretty competitive, and they have multiple brands all releasing EVs. Nio, BYD, and Xpeng come to mind. Compare to the US, where we only have one EV maker with a decent market share (Tesla) which has stagnated in innovation. My argument is that where China has succeeded, it has done so by adopting Western values like free-market competition (see the reforms of Deng Xiaopeng) and where the West has failed, it is due to monopolization and stagnation/decadence.