BMW increases investment in China, German cars face challenges from Chinese independent brands

This time, BBA (BMW, Mercedes-Benz, and Audi) are determined to deepen their presence in the Chinese market: BMW invested an additional 20 billion in Shenyang, Mercedes-Benz invested 14 billion in Beijing and Fuzhou, Audi's first investment in the Changchun plant reached 30 billion, and Volkswagen invested 5 billion in Xiaopeng. These investments not only reflect the importance of German cars to the Chinese market, but also show their determination in the electrification transformation.