BYD, Xpeng and rivals race to shore up growth as investors turn skeptical

Xiaomi EV segment turns first profit, but Chinese industry shares sink amid hazy outlook

20251118 xpeng

He Xiaopeng, chairman and CEO of Xpeng, introduces a model at an auto show in Munich in September. The Chinese EV maker's fourth quarter forecast disappointed investors.

LORRETTA CHEN and WATARU SUZUKI

HONG KONG/SHANGHAI -- China's electric vehicle makers are rushing to boost sales and pave new avenues for growth before the end of the year, as they run head-on into stock market skepticism.

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