Competition is surging in China's EV market, and it's hurting Tesla's biggest rival

businessinsider.com/byd-sales-competition-china-xpeng-nio-leapmotor-geely-tesla-2025-11

BYD is betting on overseas expansion as it faces obstacles back home.
Feature China/Future Publishing via Getty Images
China's EV race is heating up again, and not even Tesla's biggest rival is safe.
BYD has seen sales and profits drop as it battles a new wave of competition.
The EV…

This story appeared on businessinsider.com, 2025-11-03 15:12:19.
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