"Chinese buyers are increasingly turning to domestic premium electric vehicle (EV) models, leaving international brands struggling to keep up with demand. A recent trend has seen affluent consumers opting for high-end EVs produced by local manufacturers such as Xpeng, Nio, and Li Auto. These Chinese brands have been making significant inroads in the premium EV market, with innovative features and sleek designs that are winning over local buyers. As the global EV market continues to grow, it remains to be seen whether Chinese domestic brands can maintain their momentum and challenge the dominance of established international players."
Switching lanes: who are the eager Chinese buyers of domestic premium EV models? South China Morning Post