1 godz. temu
China EV makers brace for 2026 after 2025 sales slump: Tesla down 7.4%, BYD down 5.1%
On December 31, 2025, the China EV landscape was described as consolidating amid intensifying price competition. In 2025, Tesla’s sales fell 7.4% and BYD’s declined 5.1%, with BYD’s November down 26.5%. Analysts highlighted market concentration and prolonged discounting, while Geely, BYD and Volkswagen accelerated overseas expansion and local development plans for 2026.