# China's EV Sales Plummet Amid Competitor Surge

China's EV sales have dropped sharply domestically. The state-backed sector faces a needed shakeout. Many competitors exist, but no major restructuring has started.

https://www.faz.net/aktuell/wall-street-journal/china-s-car-industry-is-crashing-at-home-201628779.html

Image: https://media0.faz.net/image/9c8c0b5946fc/w5345h3007x0y279/202607/43601.0.2387411352/smartphone-maker-xiaomi-put-up.webp

#electric #vehicle #china #sales

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Canonical URL: https://qwibbit.com/q30619

Created: 2026-10-28T12:40:06.039254+00:00

Last edited: 2026-10-28T12:40:06.039254+00:00

Board: 3

Origin: Syndicated

Original source: https://www.faz.net/aktuell/wall-street-journal/china-s-car-industry-is-crashing-at-home-201628779.html