China’s car dealers face price war, BYD beats Tesla in fourth quarter: 7 EV reads

From Chinese EV car dealers facing a price war to BYD’s output beating Tesla in the fourth quarter, here are seven EV stories you may have missed

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People walk past various Chinese-made electric cars for sale inside a shopping centre in Beijing on January 9, 2024. Photo: AP

Published: 4:16pm, 8 Jan 2025

We 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. From oversupply to Trump 2.0: the outlook for EV batteries in 2025

The global battery market endured a difficult year in 2024, with weaker-than-expected electric vehicle (EV) demand, overcapacity, intense competition among different battery technologies and geopolitical tensions fuelled by US tariff increases on China.

2. China’s 30,000 car dealers face bleak 2025 as price war, e-commerce crimp margins

More than 30,000 car dealers in mainland China are facing another bleak year in 2025, with many turning from profit-generators into corporate failures in two years under a debilitating price war and an e-commerce onslaught.

3. BYD’s fourth-quarter EV output beats Tesla as world’s No 1

The BYD logo at the Beijing Auto Show. Photo: AFP

BYD Auto, China’s electric vehicle (EV) king, was the world’s biggest seller of pure electric cars in the fourth quarter of 2024, as Tesla’s sales for the period fell short of expectations.