Deutsche Bank analysts expect the subsidies to drive full-year demand growth of 3 million units in 2025 and support double-digit growth in the second and third quarters.
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Category: China NEV Market
China NEV sales in 2025 estimated to rise by 30% to 16.5 million
China's NEV sales, including exports, are expected to reach about 16.5 million units in 2025, with a penetration rate of more than 50 percent, a think tank expert said.
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Automakers’ share of China NEV market in Nov: BYD tops with 32.9%, Tesla 4th with 5.8%
In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.
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Automakers’ share of China NEV market in Nov: BYD tops with 32.9%, Tesla 4th with 5.8%
In the January-November period, BYD ranked first in China's NEV market with a 34.5 percent share, while Tesla ranked third with a 6.0 percent share.
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BYD reportedly asks suppliers to reduce price quotes by 10%
BYD is asking some of its passenger car suppliers to lower their parts quotes, as it expects competition in the NEV market to be fiercer in 2025, according to local media.
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China’s year-to-date NEV production surpasses 10 million mark
China's NEV production for the full year 2024 is expected to exceed 12 million units.
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Automakers’ share of China NEV market in Oct: BYD tops with 36.1%, Tesla 7th with 3.4%
In the January-October period, BYD was No. 1 in the NEV market with a 34.8 percent share, while Tesla was No. 3 with a 6.0 percent share.
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Automakers’ share of China NEV market in Sept: BYD tops with 34.4%, Tesla 4th with 6.4%
In the January-September period, BYD was No. 1 in the NEV market in China with a 34.6 percent share, while Tesla was No. 3 with a 6.5 percent share.
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Automakers’ share of China NEV market in Aug: BYD tops with 37.0%, Tesla 3rd with 6.2%
In the January-August period, BYD was No. 1 in the NEV market with a 34.6 percent share, while Tesla was No. 3 with 6.5 percent.
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Shenzhen has nearly twice as many supercharging stations as gas stations
Shenzhen has built a total of 550 supercharging stations so far, nearly twice the number of gas stations in the southern Chinese mega city.
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