UBS: Chinese EV Preferences Shift as BYD and Xiaomi Surpass Tesla
Tesla, which has fallen from its pedestal, is now being counterattacked by Chinese brands.
Latest in EV news, technologies, data and insights from China market
Tesla, which has fallen from its pedestal, is now being counterattacked by Chinese brands.
BYD entered the top ten of European electric vehicle sales with a volume of 7,231 units.
As new energy vehicle batteries age, owners face high replacement costs after warranty expiration, leading to widespread concern and discussions about ownership responsibilities and alternative solutions.
The Tesla Model S is set for a significant facelift in 2026, featuring minor exterior changes and possible mechanical upgrades, surpassing the current Model S Plaid’s performance metrics.
Tesla plans to produce an extended-wheelbase Model Y with three-row seating after May Day, targeting family users amid declining sales and competition from Chinese SUVs.
May 2025: Deliveries reached 38,588 units, down 30.11% YoY, up 34.31% MoM, cumulative 307,802 units. May showed partial recovery, but…
April 2025: Deliveries dropped to 28,731 units, down 8.56% YoY, down 61.24% MoM, cumulative 269,214 units. April’s steep MoM decline…
March 2025: Deliveries rebounded to 74,127 units, up 18.80% YoY, up 176.83% MoM, cumulative 134,607 units. The strong March rebound…
February 2025: Deliveries reached 26,777 units, down 11.16% YoY, down 20.55% MoM, cumulative 60,480 units. February was further weakened by…
January 2025: Tesla delivered 33,703 units in China, down 15.49% YoY, down 59.36% MoM, with cumulative deliveries of 33,703 units….