China Extends EV Trade-In Subsidies Through 2026 to Boost Auto Sales
China confirms NEV trade-in subsidies for 2026, offering up to $2,850 per vehicle.
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China confirms NEV trade-in subsidies for 2026, offering up to $2,850 per vehicle.
Chinese EV sales stumbled in February 2026 due to the Spring Festival holiday, with major players like BYD and XPeng seeing sharp drops. This pressures Tesla in its key China market, raising the importance of its pivot to AI, robo-taxis, and humanoid robots for future growth.
Berkshire Hathaway’s operating profit fell 29% in Q4 2025—Warren Buffett’s final quarter as CEO—driven by weak insurance results. Greg Abel will take over. No share repurchases were made.
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