German Luxury Trio’s Steep ICE Discounts Fail to Offset Sluggish China EV Sales
BMW and rivals face pressure from falling prices and a shift toward new energy vehicles in China’s luxury market, struggling to adapt effectively.
Latest in EV news, technologies, data and insights from China market
BMW and rivals face pressure from falling prices and a shift toward new energy vehicles in China’s luxury market, struggling to adapt effectively.
Mercedes-Benz’s second-quarter 2026 report showed decreased revenue, but profitability improved amid declining Chinese sales.
Mercedes-Benz has paused production of the CLA L EV in China due to weak sales, highlighting challenges in the competitive EV market.
Mercedes-Benz launched the electric GLC SUV in China, aiming to penetrate the competitive EV market with various trim options and advanced technologies.
Mercedes-Benz’s Q2 2026 sales declined 6% globally, primarily due to a 30% drop in China.
Momenta has surpassed 1 million vehicles in mass production with its intelligent driving solutions, expanding globally.
New Chinese EV safety standards effective July 1 enhance crash protection and battery safety, emphasizing hardware solutions and real-world testing.
Tesla’s Model Y became Japan’s best-selling imported passenger car in May 2026, showing significant growth in registrations.
Germany seeks to negotiate against EU tariffs on Chinese electric vehicles, aiming for a compromise before July 4.
In May 2026, South Korea’s imported vehicle registrations rose 5.9% year-on-year, with electrified vehicles making up 89% of imports.