# China's Electrified Car Sales Sank 13%, And The World Is About To Feel It | Carscoops

> - Chinese government is axing tax breaks for some EVs from January 2027. - Just three EV makers in China are profitable: BYD, Xiaomi, and Leapmotor.

- **Source:** [Carscoops](https://www.carscoops.com/2026/07/china-ev-tax-break-cuts/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6a4cf166aaeb65a91633f8a1)
- **Published:** 2026-07-07
- **Category:** Cars
- **Tags:** #xiaomi #ev
- **Canonical:** http://localhost:4321/a/6a4cf166aaeb65a91633f8a1

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_GearOpen's distilled summary. The full original article is published at Carscoops (source link above); GearOpen does not republish the source's full text._
