Geely-backed Polestar Shuts Last Physical Store in China, Shifts to Online Sales
In the first half of this year, Polestar sold just 69 vehicles in China, recording zero deliveries in both April and May.
October 2025
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China’s BEV Sales Hit 947,000 in Sept, Jumping 32.4% YoY
NEV makers showed robust growth in September. The market base continued to broaden as domestic automakers implemented a “multi-path strategy” for new energy vehicles.
Canada’s Manitoba Calls for Removal of 100% Tariff on Chinese-made EVs
Since the tariff took effect, sales of BEVs in Canada have fallen 39.2% YoY, PHEVs declined 2.2%, and only HEVs bucked the trend, posting a 60.7% increase.
Aeroht Launches New Brand ARIDGE, Sets New Factory for 2025 Production
According to a BCG report, the global manned eVTOL market is projected to reach $225 billion by 2040.
China’s NEV Retail Reaches 1.307 Million in Sept, Penetration Nears 60%
In the first nine months of 2025, China’s NEV retail totaled 8.878 million units, up 24% YoY.
Leapmotor Lafa5 Interior Revealed with Panoramic Sunroof
The Leapmotor Lafa5 will be officially released in mainland China in the fourth quarter of this year.
Zeekr 001 and 009 to Get NVIDIA Thor U Chip Upgrade, Paving the Way for the Refreshed Zeekr 001
Zeekr plans a crowdfunding campaign for hardware upgrades to enhance its 001 and 009 models through potential ADAS chip replacements, aiming to maintain competitiveness in the NEV market.
China’s September 2025 Auto Residual Value Report: ONVO L60 Leads Pure Electric Mid-Size SUV Segment
In the pure electric mid-size SUV residual value ranking, ONVO L60, Tesla Model Y and Zeekr 7X led with residual value rates of 71.9%, 71.7% and 71%, respectively.
Over 350,000 Units Delivered in 2025! Facelifted Geely Geome Arrives, Starting at Approximately USD 9,241
The all-new 2026 Geely Geome launched with competitive pricing and strong sales, aiming to maintain its market leader status amidst rising competition from models like MG4 and Wuling Bingo.
BYD Responds to Song PLUS Discontinuation: Part of Normal Product Transition
BYD’s Ocean Series naming system—based on “marine creatures + numbers”—will finally be complete.