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We're in the boom or bust years for the Chinese manufacturers. There's clearly a few fairly safe brands like BYD or anything Geely owned - they're not going away, but the smaller brands are a little bit of a gamble. I say this as someone with a hankering for an Xpeng X9. I saw a report [0] a couple of days ago that the profit margin across the Chinese car industry is at a record low 1.4% which would suggest to me that we're probably going to lose a few of the smaller brands pretty soon.

[0] https://insidechinaauto.com/2026/10/27/china-car-industry-pr...

They also had a 22% decrease in sales domestically YoY this past year. The only thing keeping a bunch of those brands around is state sponsorship.