China, major EV makers withstand the market squeeze

China’s electric-car market is entering a more selective phase. While many smaller brands are struggling with thinner margins, falling prices and high costs, the leading manufacturers continue to grow thanks to higher production volumes and broader commercial networks.

The strength of the major groups also comes from wider line-ups, in-house technology investments and a growing push into overseas markets. These factors help them absorb the price war more effectively and fund new models, accelerating consolidation across China’s automotive industry.