Tesla's Direct China Rival Reports Strong Sales, But This Giant Is Tumbling

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Tesla's Direct China Rival Reports Strong Sales, But This Giant Is Tumbling Licensing

• ED CARSON
• Updated 09:36 AM ET 02/02/2026

Tesla's China EV rivals Xiaomi (XIACY), Li Auto (LI), XPeng (XPEV), Nio (NIO) and BYD (BYDDF) reported January sales on Sunday. Xiaomi and especially showed the best performances vs. a year earlier, while XPeng and especially BYD suffered significant declines. Tesla (TSLA) doesn't report monthly sales, but investors will get figures from industry data in early February. China's new energy vehicle…

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