The biggest challenge is the battery which is what byd originally made. Electric motors have been around for a long time. The first cars were electric.
Western companies have been basically shut out of the Chinese market since the beginning-even more is now. A huge trade imbalance should have naturally balanced itself out in a true free market. The fact it’s been so distorted for decades shows how bad it is. A rebalancing must occur and will be good for everyone in the long run
Chinese policy making has been hugely protectionist and interventions lost for decades.
Not sure that’s entirely true, especially if we’re talking cars. Volkswagen China is around 50% of VW sales, and Mercedes sells 40+% in China for example. If we’re talking US cars, they’re typically too focused on US market desires for other countries.
Again, it’s not Mercedes selling cars in China. It’s some joint venture that’s majority owned by the Chinese that has forcibly taken Mercedes tech and has made millions of cars using it. You can’t compare a Mercedes in the USA and China and say they are equivalent