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China’s electric cars and Iran war, BYD’s profit run ends: 7 EV reads

From some Chinese carmakers raising prices to Xiaomi’s fresh fight with Tesla, here are seven EV stories you may have missed

2-MIN READ2-MINSCMPPublished: 3:30pm, 1 Apr 2026We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.1. The Iran war could widen China’s EV lead over its global rivals. Here’s whySurging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles – a sector that helped China overtake Japan to become the world’s largest seller of automobiles last year.

Three Chinese electric vehicle (EV) makers have raised prices for some models in response to rising supply chain costs, but analysts say the increases are unlikely to be sustained given weakening domestic demand.

China’s electric vehicle (EV) king BYD posted its first annual profit drop in four years as it faced intensifying competition from domestic rivals in a cutthroat market.

Read original at South China Morning Post

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