Tag: Li Auto
BYD Down 21% & PHEVs Down 7% YoY — August 2025 China EV Sales Report
BEVs represented over a third of the total Chinese car market in August. We saw plugins score another million-plus sales in August (in a 2-million-unit overall market, up 5% YoY), but growth has been slowing down, with August showing just an 8% increase over August 2024. Digging deeper into the … [continued]
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BYD Recasts Targets Down by 16%, Stocks Drop 8%
Amid progressively contracting sales revenue, Chinese electric vehicle giant BYD has been forced to significantly recast its 2025 sales targets. The company has slashed its forecast by 16%, from an ambitious RMB39,300 million ($5.5 million) down to RMB32,850 million ($4.6 million), signaling a potential end to its era of record-setting … [continued]
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Have We Reached Peak BYD? (and Peak PHEV?) — July 2025 China EV Sales Report
BEVs represented over a third of the total Chinese car market in July. July saw the continuation of the never ending growth of the Chinese EV market, with plugins scoring close to a million sales in July (in a 1.8-million-unit overall market, up 6% YoY). But this time there are … [continued]
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Li Auto Launches High-Tech 6-Seat Electric SUV, New Tesla Model Y Competitor
Li Auto is known for its gigantic extended-range electric vehicles, sort of designed in Cadillac Escalade size and style. However, the company launched its first fully electric vehicle today, the Li i8 (I guess there’s no trademark issue with BMW there). This is a 6-seat “family SUV.” It’s funny timing, … [continued]
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53% EV Share in China! — June 2025 Sales Report
BEVs represented close to a third of the total Chinese car market in June. June saw the continuation of the never ending growth of the Chinese EV market, with plugins scoring over 1.1 million sales in June (in a 2.1-million-unit overall market). Digging deeper into the numbers, BEVs were the … [continued]
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