To many consumers peering in from the outside, the options in China – on display in Beijing this week at the world’s largest auto show – seem like a dream. But to some automakers and politicians around the world, they’re an existential threat.
Chinese carmakers are cranking out their offerings at a large scale and a comparatively low price. And there’s another major sell: while oil and gas costs skyrocket due to the Iran war, the vast majority of these cars are electric or hybrid.