, Columnist
A Million-Dollar Chinese Car Is Europe’s Next Threat
Hongqi’s remarkable revival risks further intensifying the clean-technology trade war.
Pole position — the luxury Hongqi L5.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
The Hongqi L5 might not be the most obvious risk to Europe’s struggling auto industry.
Weighing in at more than three tons, as long from bumper to bumper as a four-berth campervan, made in minute numbers and available only to carefully-vetted customers, the world’s only million-dollar car comes with a green-and-purple interior that makes it look less like an economic threat than the vehicle the Joker might drive to take on the Batmobile.