Mercedes, BMW, Audi and Volkswagen are losing China’s EV battle as local EV rivals like Xiaomi and Nio race ahead

[Redaktion]

German automakers Mercedes-Benz, BMW, Audi, Volkswagen and Porsche are losing ground in China's electric-vehicle market as sales decline amid tougher competition and the end of purchase-tax incentives. While Mercedes is increasing local production to cut costs and respond faster to demand, Chinese rivals such as Nio and Xiaomi are targeting rapid growth with popular, locally tailored models.

https://www.notebookcheck.net/Mercedes-BMW-Audi-and-Volkswagen-are-losing-China-s-EV-battle-as-local-EV-rivals-like-Xiaomi-and-Nio-race-ahead.1365889.0.html