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

Tech Insider : Business
BYD
BYD is betting on overseas expansion as it faces obstacles back home.

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Two ‘Flying Cars’ Collide During Air Show Rehearsal in China

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As Tesla flags, its hungry Chinese rivals are having a great week

Tech Insider : Business
Elon Musk attending the Milken Institute's Global Conference at the Beverly Hills Hotel in California; BYD Seal vehicle on display in Jakarta.
Tesla is still the world's largest electric vehicle maker, though it continues to face intense competition from its Chinese counterparts.

Apu Gomes via Getty Images; Bay Ismoyo/AFP via Getty Images

Chinese EV makers are not doing quite as well as you might think

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A Nio EC6 electric vehicle
Nio is among the Chinese EV players to have broken sales records in recent months.

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Tesla's Chinese EV competitors are racing to build their own Optimus rivals

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Xpeng's Iron robot
Xpeng's Iron robot has been in development for five years, according to the company.

Xpeng

Xpeng's new 'land aircraft carrier' is a $276,000 van with a 2-man quadcopter, and it thinks it can sell 10,000 of them a year

Tech Insider
A crowd looks on as quadcopter of Xpeng's
Xpeng's "Land Aircraft Carrier" took its first public flight in Zhuhai on Tuesday.

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China's EV giants shine at Europe's largest auto show while local rivals despair

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The BYD Sealion 7 was unveiled at the Paris Auto show
BYD launched the Sealion 7 electric SUV at the Paris Motor Show.

Business Insider

This Chinese EV maker is up for a battle with Elon Musk in China

Tech Insider
Brian Gu, the co-president of Chinese EV startup Xpeng.
Chinese EV players have been shut out of the US by tariffs.

PETER PARKS/AFP via Getty Images

3 of China's Tesla rivals had a record month, putting pressure on Elon Musk

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Xpeng M03
The cheapest version of Xpeng's Mona M03 is nearly half the price of Tesla's Model 3 in China.

VCG/Getty Images

Chinese Tesla rival launches $22,000 EV with self-driving features. Here's why that's a big problem for Tesla.

Tech Insider
Xpeng CEO He Xiaopeng unveils the M03
Xpeng CEO He Xiaopeng unveils the M03, the Tesla rival's latest EV, at an event in Beijing.

PEDRO PARDO/Getty Images

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