Growth masks rising pressure on profitability China’s electric vehicle industry continues to post strong sales volumes at home and abroad, but beneath the growth figures a margin war is intensifying. As production capacity expands faster than demand, competition is shifting away from market
The global electric vehicle race is increasingly tilting in China’s favour, with the gap between Chinese and American manufacturers becoming harder to ignore. Once defined by head to head competition, the contest is now widely seen as uneven, as Chinese companies accelerate innovation
A pause after years of rapid expansion China’s car industry is entering a year of consolidation after a long period of breakneck growth. While new energy vehicles are expected to continue gaining market share, overall momentum is slowing as the sector pauses to
A year end buying rush reshapes Tesla’s China performance Tesla recorded its highest ever monthly sales in China in December, as electric vehicle buyers rushed to make purchases before a partial withdrawal of government tax incentives. The surge capped a strong finish to
China’s leading battery maker CATL and electric vehicle producer Nio have agreed to deepen their strategic partnership with a focus on developing electric vehicle batteries that can last significantly longer than current models. The move comes as concerns grow across the industry about
A bold forecast despite global headwinds Chinese electric vehicle manufacturers are on course to capture around one third of the global automotive market by 2030, according to new analysis from UBS. The forecast underscores the enduring strength of China’s EV industry, even as
China’s electric vehicle giant BYD has overtaken Tesla to become the world’s largest electric vehicle producer, marking a major shift in the global auto industry as Tesla grapples with slowing sales, political controversy, and intensifying international competition. Tesla confirmed on Friday that it
China’s electric vehicle industry has entered 2026 with another wave of aggressive discounts and cheap financing, as automakers struggle to sustain growth amid slowing demand and intensifying competition. Despite repeated calls from Beijing to curb excessive internal competition, often described as involution, companies
An Early Policy Signal From Beijing Beijing has moved sooner than expected to renew its car trade in subsidy scheme, signaling concern over the outlook for China’s domestic automotive market in 2026. The decision to extend the programme at least a week ahead
Export Rebound Signals Shift in Supply Conditions China’s exports of rare earth permanent magnets to the European Union rose sharply in November, marking a clear rebound after months of uncertainty around supply approvals. The increase follows confirmation from Beijing that it has begun
