2025 New-Energy Pickup Truck Sales Exceed 73,000 Units, Up 243% YoY
Cumulative new energy pickup sales in 2025 reached 73,000 units, surging 243%, forming a strong growth trend that far outpaced the overall pickup market.
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Cumulative new energy pickup sales in 2025 reached 73,000 units, surging 243%, forming a strong growth trend that far outpaced the overall pickup market.
China’s demand for LFP materials is expected to reach 6 million tonnes in 2026, with overall industry growth expected to remain in the 40%–50% range.
In the pure EV sector, Chinese brands dominated the 2025 resale value rankings, claiming 12 of the top 15 spots.
BYD is also scaling its local footprint in Korea, with showrooms set to grow from 32 to 35 and service centers from 16 to 26.
Auto industry profit margin dropped to 4.1% in 2025; December’s 1.8% hit a recent low.
The collaboration builds on the launch of BYD–Mobil hybrid-specific engine oils, designed for DM-i PHEVs operating under frequent start-stop and low-temperature conditions.
The BYD Datang is expected to be priced from over 300,000 RMB and will pit it against the AITO M9 and Li L9 upon its launch.
Tesla and other automakers in China have introduced seven-year low-interest financing plans to stimulate demand amidst declining sales, lowering monthly payments and down payments.