Global EV Battery Usage Hits 1046 GWh in Jan-Nov 2025, CATL Accounts for 38.2%
Chinese giants CATL and BYD have firmly secured the top two spots globally, with their combined market share accounting for over 50%.
Latest in EV news, technologies, data and insights from China market
Chinese giants CATL and BYD have firmly secured the top two spots globally, with their combined market share accounting for over 50%.
From 2024 to 2025, a total of 17.673 million end-of-life vehicles were recycled nationwide, with an average annual growth rate of 45.8%.
China’s used-car transaction volume reached 896,000 units in December, down 9% year-on-year and 2.7% month-on-month.
This period’s significant NPS rebound is attributed to a rise in the share of Promoters and a concurrent drop in the share of Detractors.
Tesla China reported December wholesale sales of 97,171 vehicles, up 3.6% YoY and 12% MOM, lifting the brand to fourth place among NEV makers amid a volatile year-end market.
The new XC70 has become Volvo’s key growth engine, leading luxury hybrid sales and forming a strong “twin-star” lineup with the XC60.
China accounted for 73.7% of global new energy passenger vehicle sales in November.
From Dec 1–28, China’s passenger-vehicle (PV) retail sales reached 1.928M units (-17% YoY, -3% MoM), while wholesales totaled 2.134M units (-19% YoY).
China sold 31.08 million vehicles in the first 11 months, up 11% year on year, accounting for 35.4% of global sales.
Domestic Chinese car brands were at a low level in both the number of recall events and the quantity of vehicles recalled, accounting for only 1.3% and 2.08% respectively.