The director of research for The Presidio Group joins the podcast to talk about how when it comes to cars, Europe has a China problem - and how America has already lost the EV race. Plus, the BMW M5 Touring and Mercedes opens a Maybach atelier in Beverly Hills. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Hot Pursuit! is a weekly, bi-coastal podcast that gives car lovers the inside look they crave. Hosts Hannah Elliott and Matt Miller cover reporting from design studios, auction blocks, production lines and racetracks. Listen for drive reviews, news updates and dealership details from auto industry insiders. Listen to more Hot Pursuit!: https://www.youtube.com/playlist?list=PLe4PRejZgr0NlwSx9eDNBoex4pYCduDGT Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts #Bloomberg #Podcast #Cars #Auto Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit our other YouTube channels: Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake For coverage on news, markets and more: http://www.bloomberg.com/video