Hyperdrive
In China’s EV Boom, It’s Too Early to Write Off Old Guard
SAIC is working to make sure its 15-year reign atop the country’s sales charts doesn’t end anytime soon.
SAIC-GM-Wuling Automobile Co.'s Hongguang Mini electric vehicles.
Qilai Shen/Bloomberg
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While all the hype of China’s electric-car boom is focused on shiny new upstarts like Xpeng, Nio and the fluctuating fortunes of Elon Musk’s Tesla, it would be premature to write off the old guard just yet.