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Analysts also said many South Korean and Japanese tech companies, such as Samsung and SK Hynix, have plants in China where the epidemic is under better control. As more of these Chinese factories maintain production, it could help increase supply to some extent.

Analysts suggested more mergers and acquisitions are going to take place in the sector in the coming three to five years.

And expected to drive the efforts even further is the new brand image introduced earlier last month in China to express its global brand positioning of "Empower the Drive", launched worldwide in 2016.

Andy Wang (left), CEO of StarTimes Kenya, exchange signed agreements with Dr Naim Bilal (right), the managing director of Kenya Broadcasting Corporation in Nairobi, Kenya, on Oct 19, 2019. [Edith Mutethya/China Daily]

Analysts say more convenient charging and a richer lineup of models are expected to further consolidate BMW Group's leading position in the premium vehicle segment. As the leader of premium e-mobility in the world's largest market, BMW has delivered more than 60,000 new energy vehicles in China, playing an important role in reducing fleet impact on the environment.