Insights
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.
China to have 3.6 million public chargers by end of 2024, nearly 70% of global total, says TrendForce
Global public EV charging pile deployment is constrained by land availability and grid planning, compounded by slowing NEV market growth, TrendForce said.
China BEV export growth to slow this year on EU tariffs and lower demand, says Canalys
China's export growth for BEVs is expected to slow to 9 percent this year, with its contribution to passenger car exports falling to 19.0 percent in 2024 from 22.5 percent in 2023, Canalys said.
Deutsche Bank raises monthly sales estimate for Xpeng P7+ to 9,000 from 6,000
Deutsche Bank said the Xpeng P7+ is competitively priced and is longer, taller and has a larger wheelbase compared to its class rivals.
Deutsche Bank expects Xpeng P7+ sales to average 6,000 units per month
Deutsche Bank also expects Xpeng to launch six products in 2025 and an additional four new products in 2026.