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Global NEV Sales Surge 39% in Q1 2025 as China Solidifies Dominance

According to TrendForce's Q1 2025 report, global NEV sales reached 4.02 million units, a 39% YoY increase, with China leading both BEV and PHEV segments, contributing 55% of the total sales.

trendforce · 2025-05-22

News Flash丨Xiaomi Auto to Commences Global Expansion

Xiaomi Automobile ramps up its overseas expansion efforts, establishing a new team to test and prepare for international vehicle sales. The SU7 model will be sold via Xiaomi Home stores.

myzaker · 2024-12-13

BYD’s Yangwang U7 Debuts with 1,300 HP and 2.9s 0-100 km/h

On March 27th, BYD launched the Yangwang U7 sedan with 1,300 HP, priced at RMB 628,000 for the 5-seater and RMB 708,000 for the 4-seater, offering both pure-electric and hybrid variants.

myzaker · 2025-03-28

XPENG Expands with 5 New EREV Models, Targets Higher Sales

XPENG is planning to launch at least 5 Extended Range Electric Vehicles (EREV) models including sedans and SUVs to target different user groups, with first deliveries starting in H2 2025.

ifeng · 2025-03-26