BYD could become the "Toyota" of the global EV market, said JPMorgan.
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BYD could become the "Toyota" of the global EV market, said JPMorgan.
For details, please visit CnEVPost.
Xpeng delivered 190,068 vehicles in 2024, and doubling means it's targeting 2025 deliveries of about 380,000 units.
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BYD sub-brand Denza is targeting sales of more than 300,000 units in 2025, implying a 138 percent growth, according to a local media report.
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Xiaomi is building the second phase of its Beijing plant, and the combined capacity with the first phase of the plant is 300,000 units.
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Xiaomi is building the second phase of its Beijing plant, and the combined capacity with the first phase of the plant is 300,000 units.
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The first model from the Nio battery swap alliance is doing winter testing, and the Firefly sub-brand will start selling in Europe next year.
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Nio expects the Onvo sub-brand to sell around 240,000 units for the full year in 2025, with the Firefly sub-brand selling around 5,000 units per month, according to local media.
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In the January-November period, Zeekr and Lynk & Co combined delivered 454,289 vehicles, up 51.60 percent year-on-year.
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In the January-October period, sales of the Dynasty lineup exceeded 1.58 million units, contributing about half of the BYD brand's sales in the same period.
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Leapmotor is targeting sales of 500,000 vehicles for the full year in 2025, with a gross margin of more than 10 percent, its management said.
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