It’s notable that the BMW chairman isn’t complaining about the switch to EVs in itself, the risk being highlighted is Chinese competition. This, in my mind, wa

It’s notable that the BMW chairman isn’t complaining about the switch to EVs in itself, the risk being highlighted is Chinese competition. This, in my mind, was predictable and inevitable, even if the EV transition never happened. China is the ideal place to manufacture basically anything. It was only a matter of time before it gained local skill in automotive design and manufacturing. Don’t forget that German automakers willingly built factories in China. They made their own bed.