Chinese EV makers shares skid as sales slide after tax incentive ends
Major Chinese electric vehicle (EV) makers got off to a bumpy start in 2026 as they reported falling deliveries in January due to softening government support. Shares of Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummeted on Monday, battered by a bearish delivery outlook in the cutthroat mainland EV market. “Lacklustre [sales] data in…
