Western luxury automakers should fear the increasingly sophisticated (and cheap) electric vehicles that China is churning out, says Chris Bryant for Bloomberg Opinion. Edition: Singapore Indonesia Asia US/UK BERLIN: Watching the launch last week of Xiaomi’s luxury electric sport utility vehicle, the YU7, stirred up two strong emotions: wonder at its impressive technology, and deep foreboding for the future of Western automakers. The YU7 is the complete package – a stylish and tech-laden SUV