China’s EV Market Faces Sharp Slowdown as BYD Hits Nearly Two-Year Low in January Sales

China’s electric vehicle sector, long a global growth engine, showed clear signs of strain in January 2026, with leading player BYD reporting its lowest monthly domestic sales in nearly two years amid weakening consumer demand, policy shifts, and intensifying price competition. The slowdown reflects broader challenges in the world’s largest auto market, where overcapacity, subsidy

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