imo The likes of BMW are in for a chinese wake up call And when that happens the unrealistic APs will tumble
Ironically BMW sell their cars in china at prices 50% off what they charge customers in the west, and still manage to make money from doing so.
Lets see how that pans out from now on once the tariff wars kick in
The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. The new tariffs on individual manufactures range from 17.4% to 37.6%, which is on top of a 10% duty that was already in place for all electric cars imported from China.4 Jul 2024