Sales Target

For the full year of 2025, Geely Auto sold 3,024,567 vehicles, achieving its 3-million-unit goal.

Leapmotor aims to achieve annual sales of four million vehicles in the next decade and become a respected world-class smart EV maker.

Leapmotor is on track to achieve annual profitability in 2025 with full-year sales approaching 600,000 units, its CEO said while celebrating its 10th anniversary.

Xiaomi EV has reached the milestone of 500,000 cumulative deliveries, achieving its 2025 annual delivery target of 350,000 units ahead of schedule.

Leapmotor's initial 2025 sales target was 500,000 to 600,000 units, which was raised in August to 580,000 to 650,000 units.

BYD's overseas sales target for 2026 is 1.5-1.6 million vehicles, with growth primarily driven by new model launches, Citi said.

BYD is feeling increasing competitive pressure from rivals such as Geely and Leapmotor, Reuters said.

Shangjie aims for 20,000 monthly sales of H5 SUV and has released a procurement plan for 400,000 annual sales to its supply chain based on future model planning.

Li Auto will begin deliveries of the Li i8 on August 20, with a target of delivering between 8,000 and 10,000 units by the end of September.