Over 80% of China’s ICE Trade-In Users Switch to NEVs in 2025
Among ICE owners in trade-ins, 81.2% shifted to NEVs, including 43.7% opting for BEVs, 23.4% for PHEVs and 14.1% for EREVs.
Latest in EV news, technologies, data and insights from China market
Among ICE owners in trade-ins, 81.2% shifted to NEVs, including 43.7% opting for BEVs, 23.4% for PHEVs and 14.1% for EREVs.
As price advantages narrow, Chinese brands holding 22% of Thailand’s market are shifting away from subsidy-driven competition.
The upcoming technology launch will focus on five key areas: batteries, charging solutions, hybrid systems, intelligent driving (ADAS), and high-voltage platforms.
The tech-focused model features GVMC motion control, AI intelligent AWD and 800 mm wading depth, targeting the growing hardcore NEV SUV segment.
Xiaomi Vision GT will not go into mass production, but will be added to the PS5 exclusive game Gran Turismo 7.
The L3-capable model will debut in April and launch in June, with a planned retail footprint spanning 70 cities and over 300 outlets.
Xpeng unveiled its second-generation VLA, aiming to skip L3 and advance to L4 autonomous driving capabilities.