Etiqueta: Xpeng

The automaker's share price and sales have outpaced better-known peers such as Xpeng and Xiaomi. Vertical integration is key to keeping costs down, analysts say.

The EU introduced high special tariffs on electric cars from China last autumn. A Dataforce analysis shows that Chinese carmakers BYD and MG have since

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

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.

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 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.