Tesla, Xiaomi and Li Auto Dominate China’s February NEV SUV Rankings
China’s new energy SUV market in February showed a pronounced concentration at the top of the rankings.
Latest in EV news, technologies, data and insights from China market
China’s new energy SUV market in February showed a pronounced concentration at the top of the rankings.
The residual value rate for pure electric vehicles fell from 46.8% in January to 46.2%, while plug-in hybrid models declined from 44.8% to 44.5%.
China’s 2026 NEV market shows a marked shift from January, with Tesla Model Y losing its top position.
China’s NEV after-sales service continued to improve in H2 2025, with NIO and AITO holding the top two spots, while Li Auto overtook Tesla to rank third.
AITO has now formed a core product lineup centered on the M9, M8, M7 and M5.
January sees auto industry declines, but many brands report strong year-on-year growth, signaling varied market performance.
rands including AITO, Xiaomi, NIO, Zeekr, Li Auto and Voyah have managed to maintain relatively low quality risks despite offering high levels of configuration.
In the premium segment above RMB 300,000, NIO placed three models in the top ten, led by the ES8 with 46,729 units.
China’s auto market prepares for new model launches in 2026, highlighting competition in full-size SUV segments.
December 2025 saw significant changes in China’s new-energy SUV market, with Tesla and Xiaomi leading.