China's automotive industry has made significant strides in recent years, with the country emerging as a major player in the global electric vehicle (EV) market. Having already disrupted the budget-friendly segment with ultra-cheap EVs, Chinese manufacturers are now setting their sights on the luxury market. With a focus on high-end features, premium designs, and advanced technology, these new luxury EVs aim to take on established brands from Europe and the United States. As China continues to drive innovation in the EV space, the luxury market is poised to witness a significant shift, with implications for consumers, manufacturers, and the environment.
China built ultra-cheap electric vehicles. Now they’re aiming at luxury Forbes Australia
