Weekly NEV Sales Rankings: Tesla at 12.3K, Xiaomi at 6.7K, and NIO at 4.1K
Sales data for Week 28 was released, where Tesla witnessed a sharp rebound in deliveries.
Latest in EV news, technologies, data and insights from China market
Sales data for Week 28 was released, where Tesla witnessed a sharp rebound in deliveries.
The 2025 H1 China Vehicle Value Retention Report highlights BYD, Tesla, and NIO’s strong resale values, with Xiaomi’s SU7 leading electric vehicle retention rates, reflecting brand strength and innovation.
In Week 27, China’s NEV market cooled down, with BYD firmly holding the top spot, while Tesla’s weekly sales plunged over 70% week-on-week.
CATL ranks first with an installed capacity of 152.7 GWh, followed by BYD with 70 GWh.
For the first half of 2025 (January to June), cumulative wholesale volume is projected to be 6.47 million units, up 38% YoY.
The mid-year assessment of China’s NEV market reveals intense competition, with varying performances from brands like NIO, XPeng, and BYD, impacted by shifting market dynamics.
This week, car sales grew for seven manufacturers, with BYD leading, while Tesla rebounded. Other startups like AITO, XPeng, and Leapmotor also showed strong performance.
The weekly sales ranking from June 16-22 revealed BYD led with 83,400 units. Geely entered at 10,500, while Tesla fell to fifth with 13,800 units sold.
In May 2025, China’s passenger vehicle market saw 495 OTA updates, with NEV brands focusing on smart features, while joint venture brands lagged in frequency amidst new regulations.
In the week of June 9-15, 2025, Tesla and AITO excelled in China’s new energy vehicle sales, while other brands struggled, indicating a weakening market despite some short-term spikes.