In August 2025, Wang Lei decided it was finally time to say goodbye to his electric vehicle. Wang, who is 39, had bought the car in 2016, when EVs still felt experimental in Beijing. It was a compact Chinese brand. The subsidies were good, and the salesman talked about “supporting domestic innovation.” At the time,…
Clinging to a role out of fear causes frozen progress and erodes the very conditions innovation depends on. Leaders must rebuild trust in order to thrive in uncertain times.