China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up

Two Xiaomi electric car models in different colors are pictured here on Nov. 2, 2025.BEIJING — China's electric car boom is ending in 2025 on a soft note, with sales dipping and analysts warning that a fierce price war is likely to persist.Not only did Tesla see its sales drop by 7.4% from a year ago, but market leader BYD also reported a 5.1% decline, according to data from the China Passenger Car Association covering January through November. BYD's passenger car sales in November alone fell by an even ste ...