AutomobilesLosses at EV makers like BAIC, Seres and GAC contrast with bright upstream pictureA GAC Honda GT electric vehicle is displayed at the Auto Shanghai motor show in April 2025. © ReutersKENJI KAWASEJuly 14, 2026 14:35 JSTTOKYO -- Rising materials costs are denting the bottom lines of price war-plagued Chinese electric vehicle makers while their suppliers are reaping big gains, the latest earnings guidance filings show.