Lei Kang

The Xiaomi SU7 Ultra began pre-sales in China at the end of October at a price of RMB 814,900 ($112,110), with an official launch set for March 2025.

China's retail penetration of NEVs was 52.2 percent in November and 47.36 percent year-to-date.

In November, 27,121 Nio users used the battery swap service for the first time.

The Zeekr 7X has quickly become Zeekr's top seller since its launch in late September, contributing nearly half of Zeekr's insurance registrations in the past two weeks.

This is the fifth time that China's monthly NEV wholesale sales have exceeded 1 million units.

The companies will work together to develop BYD batteries that can achieve the same lifespan as two-wheeler bodies, TAILG said.

The updated Avatr 11 is Avatr's second model after the Avatr 07 SUV to offer both BEV and EREV options, with a starting price of RMB 279,900 ($38,480).

CATL contributed 35.2 percent of global EV battery shipments in the third quarter, while BYD FinDreams contributed 17.0 percent.

BYD has launched the Sealion 07 EV in Thailand, rebranded locally as the Sealion 7, bringing the electric SUV to the Southeast Asian market after Europe.

Song family continued to rank as the top-selling BYD lineup with 118,743 vehicles sold in November, marking the third consecutive month of record highs.