GUANGZHOU -- More Chinese manufacturers of electric and other new energy vehicles are emerging from years of losses to join BYD in turning a profit, thanks partly to alternatives to pure EVs that lessen the cost burden of batteries.
Pricey SUVs and lower battery costs lift Seres, Leapmotor and Li Auto out of the red

Seres Group's popular Aito M7 SUV is an extended-range electric vehicle. (Photo by Shizuka Tanabe)
GUANGZHOU -- More Chinese manufacturers of electric and other new energy vehicles are emerging from years of losses to join BYD in turning a profit, thanks partly to alternatives to pure EVs that lessen the cost burden of batteries.