China EV sales tracker ⚡️🇨🇳 In November, China's EV market saw mostly positive growth, with notable exceptions like Li Auto and Nio. BYD led with 504,003 passenger NEV’s (up 0.7% from October), bringing their 2024 total to over 3.7 million, a 40% increase YoY. Despite slowing growth in PHEV sales, BYD's BEV’s are catching up, now comprising 39.3% of total sales. Geely followed with 122,453 NEV’s (up 12.6% from October) and Zeekr posted a strong 106% YoY increase, delivering 27,011 units. Changan reported 100,000 NEV sales, with brands like Deepa achieving record-breaking results. Li Auto faced a slight decline, delivering 48,740 units (down 5.3% from October), but still saw a 18.8% YoY increase. In the fast-growing NEV category (which includes BEV’s, PHEV’s, and FCEV’s), the trend is clear: BEV’s are gaining share, with companies like BYD, Geely, and Xpeng making significant strides in global and domestic markets. Xiaomi, which started deliveries of its SU7 sedan, recorded 21,955 units sold. Nio saw a minor dip, with 20,575 units sold, though it remains up 28.9% YoY. The competitive landscape continues to shift, with newer entrants like Xpeng's Mona sedan gaining traction and legacy automakers adjusting to the rapidly evolving EV space. What do you think of China’s range of BEV’s? Can you see it continuing to grow? #china #ev #electriccar #electricvehice #byd #netzero #sustainability
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Impressive growth in China’s EV market ⚡️ It's clear that companies like BYD, Geely, and Changan are leading the charge with strong sales and innovative models. The shift towards BEV’s, especially with BYD’s increasing market share, highlights the growing demand for cleaner, more sustainable transportation options. Even with slight dips from some players, the overall trend is positive, and the future looks bright for electric mobility in China. As competition intensifies and new entrants like Xiaomi make their mark, it will be exciting to see how the global EV landscape continues to evolve. Which OEM’s will survive, which will thrive? China’s commitment to electric vehicles is making some European manufacturers look like amateurs. #electriccar #electricvehicle #ev #byd #tesla #china #netzero #sustainability
China EV sales tracker ⚡️🇨🇳 In November, China's EV market saw mostly positive growth, with notable exceptions like Li Auto and Nio. BYD led with 504,003 passenger NEV’s (up 0.7% from October), bringing their 2024 total to over 3.7 million, a 40% increase YoY. Despite slowing growth in PHEV sales, BYD's BEV’s are catching up, now comprising 39.3% of total sales. Geely followed with 122,453 NEV’s (up 12.6% from October) and Zeekr posted a strong 106% YoY increase, delivering 27,011 units. Changan reported 100,000 NEV sales, with brands like Deepa achieving record-breaking results. Li Auto faced a slight decline, delivering 48,740 units (down 5.3% from October), but still saw a 18.8% YoY increase. In the fast-growing NEV category (which includes BEV’s, PHEV’s, and FCEV’s), the trend is clear: BEV’s are gaining share, with companies like BYD, Geely, and Xpeng making significant strides in global and domestic markets. Xiaomi, which started deliveries of its SU7 sedan, recorded 21,955 units sold. Nio saw a minor dip, with 20,575 units sold, though it remains up 28.9% YoY. The competitive landscape continues to shift, with newer entrants like Xpeng's Mona sedan gaining traction and legacy automakers adjusting to the rapidly evolving EV space. What do you think of China’s range of BEV’s? Can you see it continuing to grow? #china #ev #electriccar #electricvehice #byd #netzero #sustainability
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China’s EV Market: Global November Sales China’s electric vehicle (EV) industry continues to dominate global sales, solidifying its position as a world leader in clean mobility. The latest data reveals impressive performances by domestic manufacturers, setting new benchmarks for innovation and market penetration. Key takeaways: 1. BYD’s Unmatched Leadership BYD maintains its commanding lead, with over 504,000 units sold in the latest reporting period. Its 67.2% YoY growth reflects its consistent ability to scale production and meet market demand, especially through its diverse lineup spanning affordable to premium EVs. 2. Emerging Contenders on the Rise Geely Group and Changan follow as strong contenders, with Geely reporting 88.3% YoY growth and Changan achieving 100,000 units sold, up by a remarkable 17.6% month-over-month. These growth rates underscore the rising competitiveness of China’s automakers in both domestic and global markets. 3. Innovation-Driven Growth Leapmotor and Deepal exhibit exceptional YoY growth rates of 117.0% and 123.0%, respectively, signaling the rapid scaling of newer players in the market. Their ability to innovate and cater to niche market segments is an encouraging sign of the sector’s dynamism. 4. Sustained Competition in Premium EVs Nio, Xpeng, and Li Auto, traditionally targeting premium consumers, maintain strong positions. Although Nio reported a slight MoM decline (-1.9%), it still achieved a 28.9% YoY increase, showing resilience in the face of intensifying competition. 5. Market Fragmentation Reflects Opportunity With players like Xiaomi Auto, Zeekr, and ArcFox contributing meaningfully, the Chinese EV market is evolving into a vibrant ecosystem of established giants and innovative newcomers. Xiaomi Auto’s entry into the top ranks reflects its successful cross-industry pivot into mobility. Global Implications Chinese automakers are increasingly focusing on international markets, challenging legacy automakers in Europe, Southeast Asia, and beyond. The rapid pace of technological innovation, coupled with competitive pricing strategies, positions China as a disruptor in the global EV space. #China #AutoIndustry #Automobilindustrie #BEV
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This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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The evolution of EV is ongoing in China. AI-driven technology turns an EV into a high-tech product-smart EV. Smart EV is fighting hard for the market share: small now but is becoming a fashion. AI-driven smart EV sets itself quite different from gasoline vehicle. It is not just electric but smart.
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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Interesting overview how much China already dominates the EV market.
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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When what is nice to have and what is a need is justified, the numbers starts to show....
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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If I ever buy an EV (not likely now as I see the ecological argument is slowly falling apart), I'm going to be sure it goes towards supporting choice. What we (the world) have allowed to happen is mind blowing 🙀 Do you really want yourself, your children or grandchildren to be living in a world where you can just buy stuff from one country, or where you have choice? It's fine to optimise, diversify supply chains and send investment to China in a reasonable way and with strong protection on IPRs. What has occured is something so insane I can only compare to a hypothetical situation of Ukraine willingly manufacturing their defence systems in Russia because it's cheaper :) If people haven't noticed yet we're in an economical war.
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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This is indeed a fascinating picture. In Escalent's latest auto blog, we explore insights into the impact of Chinese brands in Europe and the US, and how automakers can develop strategies to help secure their position in the global automotive market. Read more here: https://hubs.li/Q02Kqv8X0 #automotive #data #ConsumerInsights
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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EV job market from which China is dominant in this sector
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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12 🇨🇳 Chinese brands in the global top 20? #China is the largest car market in the 🌎 Over 50% of all cars sold in China are now electric or PHEV and the exports especially to BRICS countries will soon explode 11 BRICS countries now soon over 50 📈 Nobody can compete with China and the tariffs will not stop the expansion of the trade! They will focus on markets without insane tariffs and hit back… tariffs on ICE are on the table …
Director of Mobility @ DDX | Mobility Solutions I Automotive Sales, Marketing & Financial Services I Coach.
This is what market dominance looks like.. Global EV (BEV + PHEV) sales per brand with flags showing the manufacturers’ country. 12 China EV brands are in the top 20. It is remarkable how fast Chinese brands have captured a substantial share of the EV market. What do you think this means for the future of the EV industry and the global market? Source: CleanTechnica and Tom T.. #EV #mobility #automotive #sales #brands
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Senior Programme Manager, EV Hubs at GRIDSERVE Sustainable Energy Limited
1wJust keep growing Jordan M, which means all the companies you mention will gain more and experience as time goes, which of its is as well as these vehicles start to come though thick and fast.