BYD, Geely Shortlisted for Nissan-Mercedes Mexico Factory Acquisition
Chinese automakers’ market share in Mexico surged from near zero in 2020 to around 10% in 2025.
Latest in EV news, technologies, data and insights from China market
Chinese automakers’ market share in Mexico surged from near zero in 2020 to around 10% in 2025.
With the official release of the Guidelines, the competitive logic of China’s auto industry is set to undergo a fundamental shift.
In January, the top 15 NEV automakers sold a combined 909,000 units, accounting for 96.2% of total NEV sales.
The technology operates across a wide temperature range of -40°C to 50°C, with capacity fade limited to under 10% versus room temperature performance.
Lei Jun reaffirmed the annual delivery target of 550,000 units and announced multiple new models launching this year.
William Li projected NIO’s future growth outlook: aiming to maintain annual growth of 40%-50%.
BYD’s 2025 overseas market sales reached 965,691 units, with pure electric and hybrid models accounting for 59% and 41% respectively.
Xiaomi Auto plans to enter overseas markets in 2027, with Europe as its primary target.
As of January 31, 2026, NIO has cumulatively delivered 1,024,774 new vehicles and provided over 100 million battery swap services.
In 2026, the new energy penetration rate for light commercial vehicles will continue to rise, with the overall rate expected to reach 43%.