"European Luxury Automakers Pull Plug on Plug-in Hybrids in China Amid Changing Market Landscape. In a significant shift in the Chinese automotive market, European premium brands such as Mercedes, BMW, and Audi have quietly phased out their plug-in hybrid models in the country. The move comes as a result of recent tax rule changes and the growing presence of local competitors offering more competitive and longer-range electric vehicles. As China continues to lead the global transition to electric vehicles, European automakers are adapting their strategies to stay ahead in the market, raising questions about the future of plug-in hybrids in other regions."
European premium automakers including Mercedes, BMW and Audi have eliminated plug-in hybrids from China after tax rule changes and superior local competition made their shorter-range models obsolete ...
