Etiqueta: YU7

Leapmotor and Xiaomi aim to close in on market leader BYD

The company is facing an erosion of market share in both the mass-market and more premium segments, particularly from Geely Automobile Holdings Ltd.’s revitalized lineup and and Xiaomi Corp.’s hit models such as the YU7.

Tesla's share of China's NEV market in October stood at 2.03 percent, dropping out of the top 10 for the first time since August 2022.

BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit! - TechStock²

BYD delivered 393,060 units in September, marking an almost a 6% decline year on year.

Chinese EV giant BYD Co. Ltd. (OTC: BYDDY) (OTC: BYDDF) expects its overseas sales to make up about 20% of its total deliveries in 2025.

Government policies that prioritize production targets over market demand have led to overinvestment by carmakers. The resulting glut of vehicles has created lose-lose transactions throughout the sales chain, and spawned a variety of irregular practices.

Manufacturers have to to reveal their projects to the Chinese government, and these are all cars of the future in China, including the Toyota bZ7 and GMW ORA 5

Chinese Automakers Penetrate the Heart of Germany Directly