Latest News & Insights

Chinese vehicle makers saw registrations in Europe surge by 111 % in May 2025, increasing their market share from 2.9 % a year earlier to 5.9 %. The performance was led by brands such as BYD and MG amid moderate overall growth.

China’s NEV market posted strong results in May 2025 with sales reaching 1.307 million units (+36.9% y/y) and exports climbing to 212,000 units (+120% y/y). Battery-electric vehicles led the rise as overall penetration approached 49%.

NIO has officially started deliveries of its Firefly compact EV in China, priced from approximately RMB 119,800. With early indications of strong demand and a long-term goal of securing 10% of the premium compact EV class, Firefly marks a key move in Nio’s multi-brand strategy.

Worldwide registrations of electric and plug-in hybrid vehicles climbed by 29 % year-on-year in March 2025, with China and Europe driving most of the growth. North American market expansion was modest amid tariff uncertainty and shifting regulatory incentives.

China’s industry ministry has introduced stricter technical standards for EV and plug-in hybrid batteries, targeting thermal runaway, crash-impact performance and fast-charging resilience. The rules, effective from July 2026, reflect regulators’ intent to bolster safety amid a rapid NEV market surge.

BYD has announced a new flash-charging system that it claims can provide roughly 400 km of driving range in about five minutes. The rollout of 4,000+ stations across China signals BYD’s ambition to eliminate “range-anxiety” and strengthen its global EV leadership.

Xiaomi’s SU7 electric sedan continued its momentum in February 2025, delivering more than 20,000 units for the fifth consecutive month and raising cumulative deliveries above 180,000. Meanwhile, the SU7 Ultra variant has already seen more than 15,000 pre-orders ahead of its early-March rollout.

SAIC Motor and Huawei have announced a strategic partnership to co-develop a dedicated electric vehicle platform and intelligent vehicle architecture. The move signals SAIC’s ambition to accelerate EV transformation while leveraging Huawei’s expertise in connectivity and computing systems.

With more than 30,300 EV deliveries in January 2025, Xpeng surpassed Li Auto for the first time, becoming the top “new-force” automaker in China. Strong sales of the M03 and P7+ fueled the surge, signaling a shift in competitive momentum.

CATL introduced the “Pan-Shi” (Bedrock) chassis, the world’s first ultra-high-safety EV skateboard platform. It can survive a 120 km/h centre-pillar collision without fire or explosion, and premium EV brand AVATR will be the first to adopt it in upcoming models.

Chinese automaker BYD has officially overtaken Tesla in global electric vehicle sales for 2024, marking a historic shift in the automotive industry. The company sold over 3.02 million EVs this year, compared to Tesla's 1.81 million deliveries.

NIO announces major expansion of its innovative battery swapping stations across European markets, with 100 new stations planned for 2025.