Automundo China

The Rise of Chinese EV Startups and the Waning Reign of Tesla in China

Tesla has started on Tuesday deliveries of the six-seater version of its top-selling Model Y in China.

Tesla shares fell as China sales slipped 4% in August, while India orders remained weak. The stock closed at $333.86 on August 29, 2025.

Discover how Tesla and Chinese EV makers are navigating fierce competition and shifting sales trends.

Deliveries from Tesla Inc.’s Shanghai factory extended their slump in August as new products launched by Chinese rivals win over customers and global trade uncertainties persist.

BYD is expanding its offerings in one of Europe’s fastest growing segments with the Seal 6 DM-i Touring plug-in hybrid station wagon.

BYD Company (OTCPK:BYDDF) stock price dropped nearly 8% on the Hong Kong stock exchange on Monday after the EV giant reported a sharp 30% slide in Q2 profit. Net profit dropped to 6.4 billion yuan ($895 million) from a year earlier, it reported. That followed a doubling of profit in the first quarter. It is the first such fall in more than three ye...

BYD Company (OTCPK:BYDDF) stock price dropped nearly 8% on the Hong Kong stock exchange on Monday after the EV giant reported a sharp 30% slide in Q2 profit.

In January-August, Tesla China sold 515,552 vehicles, including exports to overseas markets, a 12.24 percent year-on-year decrease.