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Hongqi is a big name in China but outside of its home market and it’s still finding its footing. They’re definitely trying to break into the luxury EV segment but I don’t see them everywhere yet. If they can prove reliability and build a solid service network they might gain traction but right now they’re still a niche choice in many countries.
 
Hongqi is a big name in China but outside of its home market and it’s still finding its footing. They’re definitely trying to break into the luxury EV segment but I don’t see them everywhere yet. If they can prove reliability and build a solid service network they might gain traction but right now they’re still a niche choice in many countries.
Yeah, that makes sense. Breaking into the luxury market takes time, and brand perception is key. Have you seen any strong adoption in specific regions?
 
Hongqi’s definitely starting to make waves in a few places, but it’s still pretty much flying under the radar. They’ve got a lot of work to do in terms of building up brand recognition and trust before they can go big outside of China.
 

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