Chinese EV makers BYD and XPeng overtake Tesla in China's electric car market.

Tesla's Chinese rivals, BYD and XPeng, have surpassed Tesla in EV sales within China's market, the world's largest for electric vehicles. BYD and XPeng's success is fueled by local government support, growing consumer preference for eco-friendly cars, and advancements in battery technology. Despite Tesla's efforts to expand locally, its sales in China have declined.

March 01, 2025
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