Comment by izacus
19 days ago
I mean they are terrified and are doing their best to manage the situation: by lobbying German state and EU to ban imports of competing products and stop EV migration so they can continue churning out worse and worse ICE cars for higher prices.
BMW is building EVs like any other serious car manufacturer and doesn't show signs of going back and throwing away all those investments. They will have to prove the worth of their mark-up though but I think it's reasonable they ask for a level playing field against Chinese state-supported manufacturers selling below or at cost with state subsidies.