Chinese Carmakers Try to Win Over British Racing Fans

(Bloomberg) — Every summer, more than 200,000 car fans make the pilgrimage to Britain’s Goodwood Festival of Speed near the south coast to see fast cars rev their engines amid clouds of smoke.

This year, the crowds — traditionally known for turning up in their vintage British sports cars, cigars in hand — were met with a new sight: an array of shiny, new Chinese electric vehicles.