South China Morning Post CENTER (0.0) Reliability: 7.5/10

Chinese EV makers’ shares skid as sales slide after tax incentive ends

✍️ Daniel Ren 📅 February 02, 2026 07:00 AM ⏱️ 1 min read 🕐 Scraped: February 02, 2026

Summary: Shares in Hong Kong-listed BYD, Xpeng, Li Auto and Nio plummet as tepid January sales underline pessimistic forecasts for the year.

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.

Xpeng , Shares of Hong Kong-listed BY

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Author

Daniel Ren

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

February 02, 2026 at 07:00 AM

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