China’s NEV Retail Penetration Hits 56.6% in August
From August 1 to 24, retail sales of new energy vehicles reached 727,000 units, while wholesale sales hit 711,000 units, reflecting significant year-on-year growth.
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From August 1 to 24, retail sales of new energy vehicles reached 727,000 units, while wholesale sales hit 711,000 units, reflecting significant year-on-year growth.
China has established the largest EV charging network, achieving a two-to-five charger-to-car ratio, with significant growth in both public and private chargers during the 14th Five-Year Plan.
In China’s new energy vehicle market during Week 34 of 2025, BYD led sales, while Tesla fell to fifth. Startups like Leapmotor and HIMA showed growth.
In Week 33, BYD maintained dominance with 65,200 sales, followed by Tesla at 14,000 and NIO at 7,200. Leapmotor led new automakers, while Li Auto struggled. Competition intensifies.
The Xiaomi SU7 Ultra dominates BEV sales with 12,618 units sold, while traditional luxury brands also show mixed performance in the high-end sedan market.
From January to July, China’s EV market recorded cumulative sales of 6.5 million units, up 29% YoY, with BEVs and PHEVs growing 40% and 14%, respectively.
Geely Auto achieved record revenue of RMB 150.282 billion in H1 2025, while Zeekr Technology reduced its losses. New energy vehicle sales surged, but competition with BYD intensifies.
The market positioning battle ahead of the peak September–October sales season is about to kick off.
Pure electric vehicle sales hit 986,000 units, up 12% year-on-year; cumulative sales from January to July reached 6.455 million units, up 29.5%.
The “2025 New Energy Extreme Range Test” evaluated over 60 EVs’ performance, revealing real-world endurance results that differed significantly from manufacturers’ promotional claims, emphasizing practical range concerns for drivers.