Automundo China

Read our outlook on the EV market for 2025, including insights into how increasing production in China will shape the industry.

Tesla has started trial production at its Megapack assembly plant in Shanghai, China, state-owned news reported this week (31 December).

Leading Chinese electric car maker BYD's vehicle sales surged in 2024, the company said in a statement, as the firm grows its overseas presence.BYD's figures come after global EV sales hit a record 1.8 million units in November, according to industry research company Rho Motion.

FILE PHOTO: A logo of BYD is seen on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo

The German auto industry has been in crisis mode in 2024 amid stuttering sales of electric vehicles in Europe and falling demand for fossil-fuel-driven cars in China. Will it survive another year in the doldrums?

The N9 SUV will be launched in the first quarter, and Denza will also launch a new MPV in 2025 that will be bigger and more powerful than the D9 MPV currently on sale, an executive said.

BYD sold 1.7 million battery EVs in 2024, nearing the 1.81 million EVs sold by Tesla in 2023.

Chinese electric vehicle giant BYD Co. ($HK:1211) ($BYDDF) reported record-breaking sales in 2024 and crossed its annual target of four million units. The company d...