As China moves away from combustion-engine cars, Volkswagen AG, Mercedes-Benz Group AG and BMW AG are struggling to offer electric vehicles that appeal to customers in their largest and most lucrative market, putting €35 billion ($38 billion) of investment on the line. Bloomberg's Oliver Crook reports. Sign up for the Hyperdrive newsletter, your guide to the future of cars, from reporters around the world. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: Facebook: Instagram: Connect with Bloomberg Business on: X: Facebook: Instagram: TikTok: @bloombergbusiness?lang=en Reddit: LinkedIn: More from Bloomberg: Bloomberg Radio: Bloomberg Surveillance: Bloomberg Politics: Bloomberg Originals: Watch more on YouTube: Bloomberg Technology: @BloombergTechnology Bloomberg Originals: @business Bloomberg Quicktake: @BloombergQuicktake Bloomberg Espanol: @bloomberg_espanol Bloomberg Podcasts: @BloombergPodcasts
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