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Published in: ATZ worldwide 1/2024

01-01-2024 | News

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Published in: ATZ worldwide | Issue 1/2024

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According to automotive industry expert Stephan Bratzel, car manufacturers BMW and Mercedes- Benz are holding their own against their Chinese competitors. Both have almost doubled their sales of electric cars from January to September 2023 compared to the previous year: BMW sold 247,000 e-cars, Mercedes-Benz 175,000 units. “This puts them ahead of Chinese competitors who are also targeting the premium segment,” said the Head of the Center of Automotive Management (CAM) in Bergisch Gladbach (Germany). In view of the pricing pressure in China, newcomers such as Nio and Xpeng are gradually experiencing sales difficulties. The automotive manufacturer Nio, known for its battery swap concept, only increased its sales by a third to 110,000, while Xpeng's sales even shrank by 18 % to 81,000 vehicles.

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Metadata
Title
springerprofessional.com
Publication date
01-01-2024
Publisher
Springer Fachmedien Wiesbaden
Published in
ATZ worldwide / Issue 1/2024
Electronic ISSN: 2192-9076
DOI
https://doi.org/10.1007/s38311-023-1609-5

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