Lucas di Grassi reckons Audi does not have the powertrain advantage it enjoyed over its Formula E opposition in season four, ahead of the electric championship's 2018/19 campaign.
Audi clinched the 2017/18 teams' title at the final round in New York after recovering from early-season technical dramas as well as penalties, which left it with just 12 points from the first four rounds.
It went on to score four wins and seven podiums - including seven rostrum visits in a row for di Grassi - as its powertrain technology gave the team an efficiency advantage over the rest of the grid.
When asked about the results of Audi's pre-season testing at Valencia, di Grassi said the e-tron FE05 powertrain is "not as good as last year, the difference [advantage over the opposition]".
"I'm feeling good - I think we are competitive, but we don't have any margin," he told Autosport.
"The car is quite good, the drivetrain is maybe in the top three-four.
"Last year we had a good advantage, especially in the second half of the season after we sorted [the powertrain] out.
"But this year, I think it's going to be super close. I think this year everybody has stepped up their game."
Audi left Valencia with the fifth-fastest time in the overall order, with di Grassi 0.558 seconds slower than the table-topping BMW Andretti squad, while di Grassi completed a 33-lap stint on the second morning of the three-day test, which was the longest run of the week from any driver.
The season three champion suggested the signs from testing point to a tight competitive spread in the upcoming season.
"It is difficult to find a correlation between here and the [FE street-based] racetracks," he said.
"But historically, who was quick in the pre-season test was quick during the season as well.
"I think this year is much tighter - it will be a very tough field, with probably the top 10-12 with chances to win a race.
"What I can say is that we are ready - reliability is good, everything is good, the car is ready.
"If we have a performance advantage we will only know in Riyadh with 45C track temperature, with that specific Tarmac - that's the only way to say.
"[But] in terms of drivetrain advantage, I don't think we have an advantage, but I don't think anyone is very far away from anybody. I think it's quite close."