BYD Sales Slide as Domestic EV Rivals Expand Market Share in China

China’s electric vehicle market is entering a new phase of competition as sales growth among emerging domestic brands begins to challenge the dominance of established leaders. BYD, the world’s largest electric vehicle manufacturer, reported a sharp decline in combined January and February 2026

China EV makers’ November sales jolt records as buyers rush in before incentive phase-out

China’s electric vehicle market experienced a powerful surge in November as consumers hurried to make purchases before key tax incentives and cash subsidies expire on January 1. At least three major EV manufacturers posted their highest ever monthly sales, reflecting a wave of