Etiqueta: NEV

BYD leads global NEV sales, Tesla falls behind with declining sales. BYD sets records in India and plans expansion into Europe.

BYD launches China’s first NEV-dedicated all-terrain track experience in Zhengzhou.

TrendForce’s latest research reveals that global NEV sales, including BEVs, PHEVs, and FCVs, reached 4.868 million units in the second quarter of 2025, up 30% YoY. When HEVs are included, total EV sales climbed up to 6.456 million units, accounting for 29% of global auto sales.

The racetrack is located in Zhengzhou, Henan, and is BYD's second racetrack after the one in Hefei.

In 2025H1, the global NEV market continued to grow, with a remarkable YOY increase of 25%. By country/region, China's NEV sales in H1 2025 remained the global leader, with a penetration rate of 46.6%. Policy support and price wars drove strong growth among domestic brands, and exports reached record highs. In Europe, market demand showed signs of recovery, but NEV growth was only in the low single digits due to subsidy reductions and supply chain bottlenecks, while Chinese automakers accelerated localized layouts to capture market share. The U.S. NEV market lagged behind China and Europe, with high interest rates and policy uncertainty suppressing its potential. Emerging markets such as Southeast Asia and Latin America showed early signs of explosive growth.

BYD’s new all-terrain circuit is the first of its kind in China, and it’s pretty wild. It’s more than a...

BYD launches its Zhengzhou all-terrain track with experiences from 599 yuan, featuring Yangwang U9 supercar drives, off-road training zones and a push to make motorsport culture widely accessible.

Motley Fool Press Release.

The Chinese automaker still has a bright future.

The Chinese global battery market leader CATL is further expanding its after-sales business. The service division Ning has now opened new flagship stores in