China’s luxury EV push takes aim at Rolls-Royce and Mercedes at a fraction of the price (BMWKY:OTCMKTS)
3 Articles
3 Articles
After years of driving a Mercedes-Benz and a BMW, Li Maozai made a decision that surprised even himself: he bought a Chinese luxury car. Mr. Li, a partner of a law firm in the city of Nanchang, south of China, chose the Maextro S800, a 5.5 metre sedan manufactured by Huawei and JAC Motors, for its elegant lines, sophisticated design and high-tech features that its German cars could not match. At a price of $140,000, it was not cheap, but much le…
$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market
After years of driving a Mercedes-Benz and a BMW, Li Maozai made a choice that surprised even himself: He bought a Chinese luxury car. Mr. Li, a partner at a law firm in the southern Chinese city of Nanchang, chose the Maextro S800, an 18-foot sedan built by Huawei and JAC Motors, for its sleek lines, elegant design and high-tech features that his German cars couldn’t match. At $140,000, it wasn’t cheap, but it was much less expensive than Europ…
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