Latest in EV news, technologies, data and insights from China market
BYD registered 13,350 vehicles in the EU in October, up 195% with a 1.5% market share; SAIC registered 18,847 vehicles, up 56% with a 2.1% market share; Tesla falls 48% to 5,647 units, with market share dropping to 0.6%.
Given its pricing and market positioning, the AITO M6 will face direct competition from the Li Auto i6, Tesla Model Y, Xiaomi YU7, Avatr 07, and Zeekr 7X.
Tesla China extended Model Y Long-range AWD delivery timeframes and launched a referral program with customization credits.
In Q3 2025, BEV sales reached 3.71 million units, up 48% YoY, while PHEV sales were 1.67 million units, up 4% YoY.
The new Star Diamond Black paint version of Model S starts at RMB 855,900 ($120,400), while the same finish for Model X starts at RMB 895,900 ($126,040).
Smart #6 is expected to debut as a BEV model, with a PHEV variant to follow, supporting further volume expansion.
Xiaomi’s YU7 became the top-selling NEV SUV in October, surpassing Tesla’s Model Y significantly.
In October, BYD delivered over 930 vehicles, setting a fresh monthly high since its market debut in Hong Kong.
Tesla shareholders approved Elon Musk’s trillion-dollar compensation plan, contingent on ambitious performance targets over ten years.
In the first 10 months of 2025, BYD reached 39,103 registrations in the U.K., up 547.4% YoY, while Tesla fell 4.5% to 35,455 units.