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Chinese new energy vehicle (NEV) companies have released their sales data for December 2024 and the whole year. Excluding traditional automakers like BYD and Geely, the top five emerging EV startups are Li Auto, Leapmotor, NIO, XPeng, and Xiaomi. Here’s a closer look at their performance: Li Auto ● December Deliveries: 58,513 ● 2024 Deliveries: 500,508 ● Cumulative […]
Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images Shares of Volkswagen and Xpeng both rose on Monday after the two firms announced plans to expand their partnership in electric vehicle charging stations in China. The German automaker and […]
BYD overtook Tesla for the first time in quarterly sales, as customers worldwide snapped up automobiles that are driven by hybrid petroleum-electric power trains to assuage lingering concerns about battery-powered electric vehicles (EVs). Sales at the Shenzhen-based carmaker, the world’s largest assembler of hybrids and pure EVs, jumped 24 per cent to 201.12 billion yuan […]