New models introduced by technology firms are redrawing China’s electric vehicle (EV) landscape, as premium cars with cutting-edge digital features such as automation lure mainland Chinese drivers away from segment leader Tesla’s Model 3 and Model Y, industry observers said.
In China, the world’s largest EV market, where “intelligent” battery-powered vehicles are a must-have, Huawei Technologies, Baidu and Xiaomi are challenging established players and heightening concerns about overcapacity and a price war.
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