BMW EV China sales; not good

[97prizm]

Well, it's a tough market when the rules of entry require you to basically let your rivals commit industrial espionage against you so then they can make your product for less with the heavy subsidy of the Chinese gov't.

The mistake these companies are making is getting into the Chinese market in the first place.

Definitely. Tesla was the first automotive manufacturer that wasn't required to work with a local manufacturer.

 

[97prizm]

You don't suppose this problem would have had anything to do with the import duties?

From reading bmw builds its evs for the Chinese market in China.