Phate Zhang

BYD achieved over 200% year-on-year growth in Europe during most months of 2025, whereas Tesla saw declines in every single month.

If all cost increases are borne by automakers, they could completely erode profit margins, UBS said.

Li Mega saw strong sales performance in the third quarter of 2025, but the momentum halted following a fire incident and subsequent recall in late October.

Nio currently offers the ET5, ET5 Touring, ES6, and ES8 in Hungary.

But employees are more eager to hear about plans to reverse the sales slump.

Porsche aims to cut its dealership network in China from 114 outlets to 80 in 2026.

Chinese customers purchasing a Model 3 on or before February 28 are eligible for an insurance subsidy of RMB 8,000 ($1,150).

BYD targets 1.3 million overseas vehicle sales in 2026, representing about 24% growth.

A Chinese government source indicated that China will not approve Tesla's FSD soon, dashing Elon Musk's expectations.

Onvo has launched new special edition variants for the L90 to celebrate the Chinese Year of the Horse, following a similar move for the L60.