I think Ferrari, Lambo, Rolls Royce, Bugatti, Zonda etc. will do just fine with selling luxury ICEs with many cylinders that go vroom to rich people. In fact they'll probably do better as global wealth gap increases.
It's the Audis, BMWs, Mercedes, etc of Europe they'll probably end up the way of Philips, Blaupunkt, Alcatel, Grundig, Nokia, Thomson, Gigaset, SAgem, etc. meaning selling off their consumer civilian operations to chinese OEMs and all that remain will be the recognizable name badge put on imported Chinese components assembled in EU, while the small remaining European operations focus on vehicles and powertrains for defense/naval/aerospace/etc.
It's the Audis, BMWs, Mercedes, etc of Europe they'll probably end up the way of Philips, Blaupunkt, Alcatel, Grundig, Nokia, Thomson, Gigaset, SAgem, etc. meaning selling off their consumer civilian operations to chinese OEMs and all that remain will be the recognizable name badge put on imported Chinese components assembled in EU, while the small remaining European operations focus on vehicles and powertrains for defense/naval/aerospace/etc.