In August 2025, Wang Lei, 39, decided to part with his EV. He bought it back in 2016 when electric cars still felt new in Beijing. It was a compact Chinese model. Good subsidies and a salesman's pitch about "supporting domestic innovation" convinced him. Now, nearly a decade later, it was finally time to let it go.
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iRobot struggled to grow beyond its Roomba. Luminar had trouble making its lidar affordable. Rad Power Bikes faced complex supply chain issues. Despite their differences, scaling up was a common hurdle for them all.
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TechCrunch Disrupt 2025 is coming. The major startup event runs October 27-29. It's held at Moscone West in San Francisco. The city becomes a live hub for new ideas. See the latest products and partnerships. Register now before prices rise in three days.
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