China’s leading automakers have just released their January 2025 sales figures! Check out the full breakdown in the table below, along with key insights and analysis. 🚀📊
BYD, Geely, and other leading automakers show steady growth, while XPeng and Leap Motor achieve significant gains. In January, BYD maintained its position as the top seller of new energy vehicles, with monthly sales surpassing 300,000 units. Geely Group saw a remarkable 84% year-over-year increase in new energy vehicle sales, driven by strong momentum. XPeng’s deliveries surged by 268% year-over-year, while Leap Motor also achieved a 105% increase, demonstrating the market’s growing recognition of emerging brands. Overall, leading automakers are expanding steadily, while some new players are quickly boosting sales with high-value models.
Exports show steady growth as Chinese brands accelerate internationalization. In January, Geely Group exported 26,793 units from China, and Great Wall Motors exported 28,016 units, indicating that Chinese new energy vehicle brands are steadily advancing their overseas market presence. Facing global competition, Chinese brands are solidifying their position worldwide through technological upgrades and brand influence.
Market competition heats up as new players like Xiaomi enter the scene. The Xiaomi SU7 delivered over 20,000 units for four consecutive months and plans to reach 300,000 deliveries for the year, showcasing the potential of tech companies branching into the automotive industry. At the same time, Xiaomi Group’s market value surpassed one trillion HKD, reflecting investor expectations for its automotive business. With more new players entering the market, competition in the new energy vehicle sector is intensifying, and in the future, brand differentiation and production capacity scaling will be key factors.
