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  1. Luxury rivals, including major players like Ferrari, are successfully pivoting to electric vehicles and rapidly gaining market share in China.

Chinese automakers surpassed German rivals in EV technology and forced joint ventures for market access in China.

1 report, 1 independent Updated Jul 31
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Chinese automakers surpassed German rivals in EV technology and forced joint ventures for market access in China.

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  1. Bilateral automotive investment is rising as German firms invest in China's competitive electric vehicle sector.Sub-event
  2. Chinese automakers are forcing JVs and surpassing German rivals in EV technology in China.1 source

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