Tesla has reported its first annual revenue decline, a milestone that underscores mounting pressure from China’s fast expanding electric vehicle industry and intensifying global competition. The US automaker said total revenue fell three percent in 2025 to 94.8 billion dollars, marking the first
China’s electric vehicle maker Xpeng is stepping up its overseas push in 2026, targeting a sharp increase in international deliveries as competition in the domestic market intensifies. The Guangzhou based company is aiming to deliver more than 90,000 vehicles outside mainland China this
China’s leading electric vehicle manufacturer is intensifying its push into international markets as domestic demand shows signs of normalization. BYD has outlined plans to lift overseas vehicle deliveries by roughly a quarter in 2026, supported by a wider dealership footprint and an expanded
Chinese electric vehicle manufacturers are regaining confidence in overseas markets as Europe’s commitment to electrification creates more favorable conditions for foreign entrants. With domestic demand showing signs of moderation, companies such as BYD and Leapmotor are increasingly looking abroad to sustain growth and
China and the European Union appear to be edging toward a pragmatic compromise in their long running dispute over Chinese electric vehicles, with both sides signalling progress toward a negotiated solution rather than prolonged confrontation. On Monday, Beijing and Brussels announced what officials
China’s 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 highlights the durability of China’s EV advantage even as Western governments raise trade barriers and some
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
