BMW has great EVs and they just launched their gen 6 which is probably one of the best on the market. VW also did a stellar job with their newest models.
The problem is not that Chinese EVs are entering other markets, BMW and others have done that for decades. The problem is that China is making car manufactoring a commodity.
The margins have been high for car manufacturas. China rolls that complelty over with lower laber costs (normal car has only a few thousand dollars in labor costs), end to end supply chain, cheap energy, higher automatisation level, simplified stack and lower margins. Significant lower margins.
Btw. USA and Europe got as rich as they are because of being manufactoring powerhouses previously. Was that fair ever to the rest of the world? Probably not. Now China is doing the same thing and suddenly everyone needs to protect their markets? A little bit ignorant and short sighted eh? Btw. China was smarter then us. They stoped allowing this and made it mandatory to have chinese people invovled in the expansion of american and europeon companies.
And they are buying companies around the globe too while we all watch and let it happen.
Yeah but you can't blame China for that, When the west made EV's they made them a luxury product I could have bought a Porsche for the same price as an Audi electron. China made them affordable, its just a better strategy and it paid off.
Or you could buy Nissan leaf, renault Zoe and other cars.
Part of this is that EVs are significantly simplified compared to ICE; there's less innovation opportunity (motors and batteries), less recurring revenue (service).
U.S. and European dealer, maintenance, even government models are in for a shock when ev percentages approach 50% and even 25% (only continued adoption models away)