BMW

China EV Shift: Luxury, AI, and Tesla’s New Push

China’s EV market is entering a new competitive phase as Porsche and Mercedes adopt more pragmatic China strategies, BMW and Audi accelerate smart EV rollouts, and Tesla expands the six-seat Model Y L beyond China after strong early deliveries. At the same time, AI startup ModelBest has raised several hundred million yuan, underscoring how edge AI, autonomous driving, and smart cockpit technology are becoming central to the future of Chinese EVs.