Short-Sighted Analysts Highlight a VW-Tesla Race to Dominate Electric Vehicles

They are ignoring the most likely winner, suggests a top expert — China Inc.

Xpeng P7 at the Beijing Auto Show last September. Photo: Wang Zhao/AFP/Getty

For two weeks, Volkswagen has held auto industry analysts and reporters in unusual thrall: This 84-year-old German automaker, these opinion-makers have said, has managed a miraculous pivot from a legacy…