China NEV Price Cuts Average 13.5% in Feb as Auto Price War Cools
China’s passenger vehicle price war, which has lasted nearly two years, is showing signs of easing at the start of 2026.
Mercedes-Benz
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BMW, Mercedes, Audi Slash Car Prices Amid Sales Pressure, BMW 7 Series Discounts Reach $39,220
The price easing reflects mounting sales pressure on traditional luxury brands. In 2025, Audi’s sales declined 5% year on year, while Mercedes-Benz and BMW fell 19% and 12.5%, respectively.
EU Weighs 70% Local Content Rule for EV Subsidies to Counter Chinese EVs
The draft would require subsidized EVs to be assembled in the EU, with at least 70% of components sourced locally, excluding batteries. The threshold remains under discussion.
Mercedes-Benz Cuts Prices Up to 10% to Address Shifts in China Market
Despite softer overall sales, Mercedes-Benz remains strong in China’s high-end segments
Mercedes-Benz China Sales Fall 19% in 2025, Over 15 New Models Set for Launch
Mercedes-Benz will introduce more than 15 new and refreshed models to the Chinese market, spanning multiple powertrain types and covering its full product portfolio.
Porsche China to Shut Self-Built Charging Network by March 2026
The shutdown applies only to Porsche-owned premium charging stations, while dealer chargers, destination charging, and third-party networks will remain accessible.
Momenta Secures Strategic Investment From Grab to Expand Autonomous Driving in Southeast Asia
Momenta and Grab will explore introducing Momenta’s autonomous driving technology into Southeast Asian markets.
Mercedes-Benz Design Chief Wagener to Step Down, Baudy Appointed Successor
Wagener’s signature works include iconic models such as the SLR McLaren, as well as highly influential generations like the W176 A-Class and the W222 S-Class.
Mercedes, Momenta and Lumo Launch S-Class–Based L4 Robotaxi in Abu Dhabi
Powered by Mercedes’ in-house MB.OS architecture, the first batch of test Robotaxis are scheduled to enter commercial operation in Abu Dhabi in 2026, with further expansion to additional global markets.
BYD Posts 1,164 Sales in South Korea in Nov, Enters Top Five for the First Time
BYD officially entered the Korean market in January this year, with its first model — the Atto 3— starting at 31.5 million KRW before subsidies.