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EV

In-depth analysis of China’s electric vehicle industry, including EV makers, batteries, pricing competition, and policy support. This section tracks profitability challenges, technology shifts, and structural changes shaping the world’s largest EV market.

BYD Reports First Quarterly Profit Decline Since 2022 on Weakening Sales

BYD, China’s leading new energy vehicle (NEV) manufacturer, reported its first quarterly drop in profit and revenue since 2022, signaling mounting pressure from slowing sales and intense market competition. According to its third-quarter earnings report for 2025, the company’s net profit attributable to shareholders fell by 32.

Xpeng Overtakes Li Auto in Hong Kong Market Cap, Reshuffling China EV Startup Hierarchy

Xpeng surpassed Li Auto in Hong Kong market capitalization on October 28, marking the first time since its 2020 listing debut that the Chinese electric vehicle maker has topped Li Auto's valuation. The shift signals a renewed competitive dynamic among China's trio of leading EV startups.

BYD Deepens Japan Push with K-Car Launch, Surpassing Toyota in EV Sales

BYD Co. is intensifying its campaign in Japan's notoriously challenging auto market, unveiling a locally-tailored electric K-car alongside two additional models at the Tokyo Motor Show as the Chinese manufacturer seeks to build on its unexpected success in pure electric vehicle sales. The move signals BYD&

Xiaomi's YU7 Winter Range Test Results Draw Industry Skepticism

Xiaomi Corp.'s promotion of its YU7 electric vehicle's range performance has sparked controversy after a prominent automotive reviewer questioned the validity of a winter test conducted at temperatures critics say were too mild to qualify as genuine cold-weather conditions. Lei Jun, Xiaomi's founder,

Chinese Automakers Capture Record 7.4% of European Car Market on Hybrid and EV Push

Chinese automakers seized a record 7.4% share of the European passenger car market in September 2025, driven by aggressive expansion in plug-in hybrid and electric vehicle offerings, according to research firm Dataforce. The milestone marks the strongest monthly performance ever for Chinese brands in the region, fueled by

BYD's Denza N8L Enters Crowded Premium Family SUV Market Starting at RMB 299,800

Denza Auto, the premium brand under BYD, officially launched its N8L large SUV model on October 28, just one month after pre-sales began. The vehicle is offered in two variants priced at RMB 299,800 (US$41,600) and RMB 329,800, representing a RMB 20,000 reduction from

Avatr Technology Launches Upgraded Avatr 12 with Four-LiDAR System

Avatr Technology, a premium electric vehicle brand backed by Changan Automobile, Huawei, and Contemporary Amperex Technology, has launched an updated version of its Avatr 12 coupe sedan. The new model, which starts at RMB 269,900 (approximately US$37,500), aims to redefine advanced autonomous driving with an enhanced sensor

Europe September Car Sales Surge 11%: BYD Deliveries Jump Nearly Five-Fold as Tesla Falls 10%

New car sales in Europe rose 11% in September, driven by growing demand for affordable electric and plug-in hybrid vehicles, as Chinese automaker BYD surged nearly five-fold while Tesla registrations declined 10%. The increase marks the third consecutive monthly gain for the region, with registrations reaching 1.24

BYD to Unveil Electric Kei Car for Japanese Market

BYD is set to launch a new all-electric mini-vehicle in Japan, targeting the country's unique "kei" car segment. The model is expected to make its official debut at the Tokyo Motor Show later in 2025. The vehicle adopts the classic boxy design popular among

Xiaomi's Auto Unit Nears Profitability Two Years After Market Entry

Xiaomi's automotive division may achieve profitability in the third quarter of 2025, just two years after launching its first vehicle, according to a research note from China International Capital Corp. The projection underscores the rapid financial turnaround of the smartphone maker's ambitious expansion into electric vehicles,