Insights
Analysts see limited impact of US tariffs on Chinese automakers
About 116,000 vehicles were exported from China to the US in 2024 and were dominated by US-branded models, analysts said.
BYD to overtake Tesla as global BEV leader for 1st time in 2025, says Counterpoint
Counterpoint highlighted BYD's tech leadership, vertically integrated production model, and the fact that Tesla is facing multiple challenges.
Analysts expect Nio's battery swap business to break even by end of 2026
As Nio's car sales rise, battery swap services are expected to see rapid growth, analysts said.
JPMorgan raises 2026 sales forecast for BYD to 6.5 million from 6 million units
BYD could become the "Toyota" of the global EV market, said JPMorgan.
Goldman Sachs expects Xiaomi to sell 350,000 EVs in 2025 and 655,000 in 2026
Goldman Sachs raised its EV sales forecast for Xiaomi, citing more favorable demand and manufacturing capacity outlook.
Deutsche Bank expects BYD to sell 5.52 million cars in 2025
Deutsche Bank forecasts the BYD brand to sell 5.1 million cars in 2025, Denza brand at 250,000 and Fang Cheng Bao at 160,000 cars.
China renews car trade-in subsidies, analysts see more benefit for lower-priced NEV makers
Deutsche Bank analysts expect the subsidies to drive full-year demand growth of 3 million units in 2025 and support double-digit growth in the second and third quarters.
Deutsche Bank's 2025 delivery estimates for Chinese EV trio: Nio 450,000, Xpeng 400,000, Li Auto 700,000
- Deutsche Bank expects Nio to deliver 450,000 units in 2025, double the 221,970 units it delivered in 2024.
- They expect Xpeng to deliver 400,000 units in 2025, up 110 percent from 190,068 units in 2024.
- Li Auto is expected to deliver 700,000 units in 2025, up 40 percent from 500,508 units in 2024.
Deutsche Bank explains why Nio saw strong deliveries in Dec
More promotion boosted December deliveries of the Nio brand, while the increase of Onvo was due to improving supply, said analysts at Deutsche Bank.
Deutsche Bank expects Nio brand to sell 223,000 cars in 2025, Onvo 219,000, Firefly 8,000
Deutsche Bank raised its sales forecast for Nio Inc in 2025, using the same 450,000 full-year 2025 sales assumption as the company's guidance.