Tesla hits record sales; Chinese carmakers eye third of global market: 7 EV reads

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AdvertisementElectric & new energy vehiclesBusinessChina EVsTesla hits record sales; Chinese carmakers eye third of global market: 7 EV reads

From automakers doubling down on discounts to Chinese robotaxis in the Middle East, here are seven EV stories you may have missed

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Beijing has urged the sector to rein in price wars since July amid deflationary pressures, with even market leader BYD reporting its biggest net profit drop in more than four years. Photo: Xinhua

SCMPWe have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.

1. China’s EV sector doubles down on discounts and cheap financing as growth cools

Electric vehicle makers have kicked off a fresh round of price cuts in mainland China at the start of 2026, despite Beijing’s repeated calls to curb “involution”, as pressure on margins and survival prospects persists.

2. Tesla’s China sales hit record as EV buyers race to beat tax increase

Tesla cars are displayed in a showroom in Chongqing. Photo: VCG/VCG via Getty Images
Tesla cars are displayed in a showroom in Chongqing. Photo: VCG/VCG via Getty Images

Tesla’s deliveries in China jumped to an all-time high in December, buoyed by a buying spree before the government withdrew part of a tax incentive.

3. Weak year-end sales cloud China’s EV outlook, keeping price-war fears alive

BYD electric cars await shipment to Brazil at Taicang Port in Suzhou in China’s eastern Jiangsu province. Photo: AFP
BYD electric cars await shipment to Brazil at Taicang Port in Suzhou in China’s eastern Jiangsu province. Photo: AFP

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