China’s 2025 Used-Car Sales Hit 20.1M Units, 7.9% from New Energy
New energy used vehicle transactions reached 1.6 million units in 2025, accounting for 7.9% of total sales, up 2.2 percentage points year-over-year.
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New energy used vehicle transactions reached 1.6 million units in 2025, accounting for 7.9% of total sales, up 2.2 percentage points year-over-year.
SVOLT expects battery shipments to reach 61 GWh in 2026, up 50% from 41 GWh in 2025.
NWM is set for an iterative upgrade that will also empower the Cedar and Cedar S intelligent systems.
Mercedes-Benz will introduce more than 15 new and refreshed models to the Chinese market, spanning multiple powertrain types and covering its full product portfolio.
XPeng has now entered 60 countries and regions worldwide, established 9 R&D centers, and is advancing 3 overseas localized production projects.
It took AITO just 4 years for its total vehicle production to grow from 1 to 1 million units.
The four all-new models will include the XPeng G01 and G02, as well as the D02 and D03 under the MONA brand, all positioned in the SUV segment.
The investment will accelerate R&D and deployment of advanced intelligent automotive hardware and software solutions.
In December 2025, competition in China’s large NEV SUV market intensified, led by NIO ES8, AITO M8, and Zeekr 9X.