Strategic Competition in the Electric Vehicle Industry: A Game Theoretic Review of Global Trade and Supply Chain

Abstract

The electric vehicle (EV) industry is becoming more important in global economic competition. It is shaped by strategic decisions in international trade, resource competition, and industrial development. This paper will apply game theory as an analytical perspective, exploring how countries and firms interact within the EV supply chain. This paper examines the approach of competitive behavior, such as pricing strategies and cooperation methods. Rather than create a new theoretical model, this study will focus on summarizing, comparing, and reflecting on the strategic decisions that have been discovered. Finally, this paper will identify the potential affective factors that might not have been discovered and suggest the future direction of combining theory and practical relevance in the evolving EV field. A creative point of  this paper is combining the theoretical model and reality cases of the EV industry. It will fill the gap between reality strategies and theoretical study by using case analysis and research summary. Unlike other studies that focus on building models, this paper highlights reality factors such as market uncertainties, policy changes, complexity of supply chain to reveal the influence of reality factors in the strategic interactions, and focuses on the potential of game theory in dealing with challenges in reality.