China is vying for a larger share of Europe's luxury car market, with "Made in China" vehicles gaining popularity among high-end buyers. According to Bloomberg, Chinese automakers are investing heavily in research and development to produce high-quality cars that meet European safety and environmental standards. This move aims to capitalize on growing demand for premium vehicles in the region.

Source: https://www.bloomberg.com/news/newsletters/2024-10-28/-made-in-china-vies-for-europe-s-luxury-car-market