Chinese EV sector’s global push, BYD takes on Tesla in Hong Kong: 7 EV reads

SCMP | Aug. 20, 2025, 3:01 a.m. | Original
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Workers assemble an electric vehicle at Chinese marque BYD’s factory in Rayong, Thailand, in July last year. Photo: Reuters

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The electric vehicle (EV) industry, formerly one of China’s most inward-focused industrial sectors, is now leading a push overseas, carrying the government’s hopes of forging an offshore economic empire to sidestep cutthroat competition at home.

2. Tesla launches longer-range Model 3 EV for China with 14% price bump

A woman views a Tesla Model 3 during the third China International Supply Chain Expo at the China International Exhibition Centre, in Beijing on July 18. Photo: AP Photo
A woman views a Tesla Model 3 during the third China International Supply Chain Expo at the China International Exhibition Centre, in Beijing on July 18. Photo: AP Photo

Tesla has begun offering its longer-range Model 3 variant to Chinese customers as it fights to regain market share from local rivals amid intense competition in the country’s premium EV segment.

3. Chinese EV makers report sales dip in July amid narrower discounts

EV sales in mainland China hit a speed bump last month, sparking worries about the industry’s growth momentum as more carmakers heed Beijing’s call to hold back on discounts and focus on profitability.

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