Phate Zhang

Deutsche Bank analysts expect deliveries to double in 2025 for both Nio and Xpeng, with Li Auto growing 40 percent.

BYD has released teaser images of the Tang L and Han L, its first mention of the two new models.

Tesla sold about 196,900 vehicles in China in the fourth quarter, contributing 40 percent of global deliveries.

For the full year 2024, Tesla delivered 1,789,226 vehicles globally, a decrease of 1.07 percent from 2023 and the first decline in more than a decade.

Zeekr will launch a Zeekr 007-based shooting brake model in the second quarter and one SUV each in the third and fourth quarters, both offering hybrid variants.

More promotion boosted December deliveries of the Nio brand, while the increase of Onvo was due to improving supply, said analysts at Deutsche Bank.

Li Auto's local peer Nio rolled out similar measures yesterday when it announced a limited-time 0-interest financing plan.

In 2024, HIMA models delivered 444,956 units for the full year.

The Tank 500 Hi4-Z has a big battery and a focus on fuel economy to counter the threat from BYD Fang Cheng Bao's Bao 8 SUV.

In the fourth quarter, BYD sold 595,413 passenger BEVs and 918,556 passenger PHEVs.