China H1 2025 JV NEV Top 10: Two Dark Horses Emerge, BBA Mostly Absent Except BMW
In H1 2025, China’s NEV market thrived, led by Buick GL8 PHEV. Joint ventures faced challenges but adapted locally, enhancing competitiveness amid growing demand.
Latest in EV news, technologies, data and insights from China market
In H1 2025, China’s NEV market thrived, led by Buick GL8 PHEV. Joint ventures faced challenges but adapted locally, enhancing competitiveness amid growing demand.
The Mercedes VLE prototype has passed wind tunnel, track, and cross-country road tests.
The sales volume in the new energy market was approximately 976,000 vehicles, up 10.5% yoy and down 12.1% mom, performing slightly better than the overall market.
William Li confirmed that the company began collaborating with British supercar brand McLaren in the first quarter on electrification and battery technology, yielding revenues of several hundred million.
This racing-license program marks a key step in Xiaomi’s broader automotive ecosystem.
The NEV industry in China faces scrutiny over “initial reservation data” following high-profile launches like the Xiaomi YU7 and Geely Zeekr 9X.
Sources indicate that facing pressure from domestic competitors such as Geely and Leapmotor, BYD has lowered its full-year 2025 sales target from 5.5 million units to 4.6 million units.
The all-new BMW iX3, debuting on September 5, features significant design and technology advancements, highlighting the brand’s future electric strategy and innovative powertrains.
The Tesla Model Y L was launched on August 19 with a starting price of RMB 339,000 ($47,200) and began its first nationwide deliveries on September 3.
Cedar 1.3.0 is scheduled to make its debut at the end of September alongside the all-new ES8. In the fourth quarter of this year, the team plans to roll out Cedar 1.4.0.