BMW Gains as Mercedes, Audi Slide in Q3, with EV Growth Diverging
In Q3, BMW outperformed rivals with 8.8% growth, while Mercedes and Audi faced declines. Concerns focus on EV competitiveness and pricing power as the market evolves.
Latest in EV news, technologies, data and insights from China market
In Q3, BMW outperformed rivals with 8.8% growth, while Mercedes and Audi faced declines. Concerns focus on EV competitiveness and pricing power as the market evolves.
China remains the dominant driver of the global EV industry, selling roughly 1.3 million vehicles in September alone—nearly two-thirds of worldwide demand.
The decline in sales figures was primarily due to weakness in the Chinese market and the impact of U.S. tariff policies.
is considering shifting its listing venue from New York to Hong Kong, and has informed some investors of a potential 2026 debut on the Hong Kong Stock Exchange.
No compromise, thus enabling the “Mercedes” drive.
Qianli Technology is expected to collaborate with Mercedes-Benz on R&D projects and provide technology support for the German automaker’s upcoming models in China.
Starting with the all-electric CLA, the intelligent driving system co-developed with Momenta will be expanded to more Mercedes-Benz models in the future.
With the autumn launch of the all-new all-electric CLA, Mercedes-Benz’s intelligent transformation in the Chinese market will face its first real-world test.
From January to August, the top three selling RMB 300,000 ($42,000) electric SUVs were the Tesla Model Y, NIO ES6, and Luxeed R7. However, the rapid sales growth of the Xiaomi YU7 is poised to shake up this ranking.
Nvidia is developing a Robotaxi project using an “end-to-end” neural network, investing $3 billion to establish a technical showcase amid competitive market growth by 2025.