With the rise of new brands such as Tesla and BYD, competition in the luxury car market has intensified

With the rise of Tesla, BYD and other new brands, the luxury car market, especially in the 300,000-500,000 yuan price range, is becoming increasingly competitive. Whether it is QX, NIO or Li Auto, these brands with a high overlap in price range with Lexus have more advantages in electrification and intelligence.