China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up

China's electric vehicle (EV) market is predicted to see a significant slowdown in growth in 2026, interpreted as a survival test due to ongoing price wars and global expansion efforts. EV manufacturers are currently facing intense price competition, which could pressure overall market profits. As companies look to penetrate overseas markets, they will encounter stiff local competition. With consumer preferences for EVs diversifying, the ability of manufacturers to differentiate themselves will be crucial. Especially as government subsidies decline, there is a pressing need to reevaluate cost structures and pursue efficient production. Moving into 2026, it will be vital to observe how these factors play out and how companies strategize to survive in a competitive environment.