China's premium car market is changing quickly. Chinese high-end brands are gaining share with intelligent cabins and advanced driver-assistance systems, putting pressure on BMW, Mercedes-Benz and Audi.
The language around electric vehicles has become inflated. New models are routinely sold with claims of reinvention, disruption and revolution, even when the changes amount to a larger screen, an unusual door handle or another layer of software menus.
Mercedes-Benz has launched the electric CLA in China with a starting price of about $35,000 and a top listed price of about $42,000, a far more accessible position than many buyers expected from the German luxury brand.
Momenta founder and chief executive Cao Xudong recently made a stark prediction: China's assisted-driving competition will end in 2026, and only three domestic participants will ultimately win.
China's A0-class small-car market has moved from the margins back into the centre of competition. Recent launches such as Arcfox T1, MG4 and Wuling Bingo S have pushed small new-energy cars into a new phase of rivalry.