Skip to content

Chinese elite’s favored car brand is getting a modern makeover

Hongqi, the 65-year-old marque that chauffeured generations of Chinese leaders, is abandoning gasoline engines to compete with BYD and Tesla in the world’s largest EV market.

Chinese elite’s favored car brand is getting a modern makeover
Hongqi’s electric sedan EH7 (left) and electric SUV EHS7 (right) on display at the Shanghai International Auto Show 2025. The Chinese state-backed brand is pivoting away from gasoline engines as it seeks to compete with Tesla and BYD in the fast-growing EV market. Image: Bloomberg News

Luxury’s personalized toolkit for business in China. Join now to sharpen your focus.

Subscribe now

Have an account? Login