Automundo China

China's focus on the EV industry is not only about market growth but also signals a major shift in how countries compete in the 21st-century global economy.

Tesla's China-made EV sales surged 9.9% year-over-year in November to 78,856 units, driven by promotions and new models, marking a rebound amid global challenges. Meanwhile, rival BYD faced a 5.5% sales drop in September and domestic slowdowns, prompting a shift to record exports. This highlights shifting dynamics in China's competitive EV market.

Chinese EV exports have attracted tariffs from the European Union, but these measures are lacklustre in the face of China's distinct market advantage.

Barclays analyst Dan Levy said in a research note that the White House is considering a potential 2026 executive order related to humanoid robots.

Tesla demand in China is now so high that orders have stacked up

China strengthened its grip on the global EV battery market in 2025, with CATL and BYD leading growth. Chinese makers now control 68.9% of global installations, while Korean and Japanese rivals lose ground.

The race to dominate China’s ADAS market features self-developed OEMs like Li Auto and XPeng, and Tier-1 suppliers such as Horizon Robotics, Zhuoyu Technology, Huawei, and Momenta.

The decline comes despite a 58% increase in new BEV registrations in November.

The internal combustion engine rears its ugly head.