BMW made a major electric car mistake years ago, German media says
Mercedes and BMW are losing customers to Xiaomi and BYD as Chinese rivals refresh models faster and undercut German prices, analysts said.
8 Articles
8 Articles
Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstarts
As competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. Homegrown brands like Xiaomi and BYD are making significant inroads with consumers. The challenge for these foreign automakers lies in adjusting their pricing strategies and keeping pace with swift advancements in electric vehicle technology. To reclaim their luxury status and financial health, German firms need to innovate at an accelerated pace.
BMW made a major electric car mistake years ago, German media says
BMW is facing serious problems in one of its most important markets, and German magazine Auto Motor und Sport has analyzed how a manufacturer that was among the first to seriously embrace electrification ended up struggling to keep up with the competition in China. The numbers are troubling. BMW's automotive business operating profit fell by more than 60 percent in the second quarter of 2026, to 629 million euros. At the same time, sales in Euro…
German automakers have enjoyed an unquestionable position in China for decades, but now Mercedes-Benz, BMW, Volkswagen and Audi are all facing serious losses in the world's largest car market. Their place is increasingly being taken by local manufacturers such as BYD, or brands equipped with technology from Xiaomi and Huawei, Bloomberg reported. The analysis shows that the biggest problem is not prices, but reaction time, as Chinese manufacturer…
BMW Is Going Big at the 2026 Chengdu Motor Show
BMW is preparing for another major auto show, and unsurprisingly, the Neue Klasse will be at the center of attention. The automaker has outlined its plans for the 2026 Chengdu International Motor Show, where the new BMW iX3 will open for pre-orders and the Neue Klasse BMW i3 will make a more comprehensive public appearance. Both cars were first presented earlier this year at Auto China in Beijing. But Chengdu represents another important step to…
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