BMW Joins VW in Predicting China Sales Growth

The transcript discusses BMW's optimism for growth in the Chinese market despite a general downturn. It highlights the launch of new models like the X3 and the New Street series long version, which are expected to drive growth. BMW's strong market position in the premium segment and its plans for the electric Mini in partnership with Great Wall Motors are also covered. The company is confident in its leadership in the electric vehicle market, with a significant market share in China and plans to export the Mini electric globally.

What are the expectations for the premium segment of the market in China as mentioned in the text?

Discuss the challenges and opportunities presented by the electric vehicle market in China according to the text.