This report focuses on the risks and “de-risking” measures and their effects in the German-Central and Eastern European automobile industry chain. This report argues that “de-risking” is nothing new in Germany，or indeed the entire European automobile manufacturing business. The German-Central and Eastern European automotive industry chain emerged as a result of the German automotive manufacturing sector’s “de-risking” in reaction to Japanese competition in the 1970s and 1990s. At the moment，the industry chain is also facing internal risks from a slowing European economy and sluggish market demand，but the difference is that China has a significant first-mover advantage in the field of new energy vehicles，which is undoubtedly worse for Europe，which has already fallen behind in the transformation of new energy vehicles. In the face of the aforementioned internal and external risks，Germany and Central and Eastern European countries at various stages in the industry chain have implemented unique “de-risking” methods to protect their particular interests. In the long run，Germany’s economic influence over Central and Eastern European countries may decline，while China，Japan，and the Republic of Korea will grow. Various “de-risking” measures used by Germany and Central and Eastern European countries could be a beneficial opportunity for China to enter into European market.