Man Chinese EV manufacturers are going to make bank. Germans will get hurt but fortunately for them they didn't totally miss the train.
I fear for the Japanese car companies though. It seems that they totally neglected EV development. The only thing that will save them in a couple of years will be their (well earned) brand image and reputation.
Maybe the Germans will have another 10 years for making big bucks in China. Their brands are very strong though, so if they manage to keep up with their Chinese comletitors they might carve out their own market there.
I fear for the Japanese car companies though. It seems that they totally neglected EV development. The only thing that will save them in a couple of years will be their (well earned) brand image and reputation.
Maybe the Germans will have another 10 years for making big bucks in China. Their brands are very strong though, so if they manage to keep up with their Chinese comletitors they might carve out their own market there.