Message merged into thread: BYD Build Your Dreams, China’s Rising EV Giant
The article below states that Chinese EV manufacturers’ August deliveries picked up thanks to more affordable models.
Nio, Leapmotor, and Xpeng apparently broke sales records, while Li Auto continued its decline after a controversial crash test. Xiaomi’s sales remained stable, as I understand it.
EDIT:
Here’s about Nio’s results:
1 Like
The article below describes how Chinese car manufacturer GAC plans to increase its electric car sales in Europe 17-fold by 2027.
The goal is to sell 3,000 cars this year and 50,000 in three years. Additionally, the company showcased its Aion V and Aion UT models at the IAA exhibition in Munich and is also considering starting production in Europe.
1 Like
Xiaomi plans to bring its electric cars to Europe in 2027, and the company is currently already looking for showroom locations across Europe.
The company’s vice president Xu Fei told CNBC that the cars will be presented in stores in the same way as in China, and local manufacturing may become relevant later. The model has not yet been revealed, but a completely new model is not planned for Europe. Xiaomi aims to be among the world’s five largest car manufacturers in the long term.
"Key Points
- Xiaomi plans to open showrooms in Europe when it launches its electric cars in the region in 2027, a top executive at the Chiense tech giant told CNBC.
- Xu Fei, a vice president at Xiaomi, said the comapny could also manufacture cars locally in the future.
- Xu did not reveal which car Xiaomi would launch in Europe but said the company would not “design a totally new product.”
Xiaomin osake sukelsi melkein yhdeksän pinnaa Hongkongissa sen jälkeen, kun sosiaalisessa mediassa levisi video palavasta SU7-sähköautosta Chengdussa.
Onnettomuus, jossa yksi kuoli nosti jälleen esiin turvallisuushuolia ja sähköisten ovenkahvojen riskit.
"Key Points
- The stock slid as much as 8.7% on the Hong Kong stock exchange, marking its steepest drop since April.
- The plunge came after images and video of a burning Xiaomi SU7 sedan in the city of Chengdu circulated on Chinese social media.
- A fatal SU7 crash earlier this year raised questions about the vehicle’s smart driving features and sent Xiaomi’s shares tumbling."
1 Like
Xpeng continues its steady rise in the electric car market, and the company once again broke 40,000 monthly car deliveries with the help of the Mona lineup.
Competition in China is intensifying, as BYD, Nio, Zeekr, and other manufacturers have also increased their delivery volumes. Tesla, on the other hand, is struggling with a price war and fluctuating sales figures.
https://www.cnbc.com/2025/11/03/china-baidu-robotaxis-alphabet-waymo-.html
1 Like
The
XPeng ignites the EV market after AI Day! Robotaxi 2026, 42k+ deliveries in October, and challenging Tesla’s AI power. The Q3 report on 17.11 could seal a break-even financial statement – The Chinese star is accelerating. Perhaps already break-even, wow!! Luckily, I didn’t sell at a loss, fingers crossed😉
1 Like
Xiaomi’s stock rose as it sold more than Tesla in China in October; Xiaomi sold nearly 49,000 cars… while Tesla sold 26,000 vehicles.
Tesla’s sales dropped to a three-year low, while Xiaomi’s sales, in contrast, rose to new records.
1 Like
Li Auto’s Q3 didn’t exactly go to plan, but it was probably partly expected. Deliveries fell by nearly 40 percent, revenue collapsed, and both earnings and cash flow were well in the red, although the cash position is apparently in good shape.
The company is now leaning fully into new BEV models, but the Q4 guidance is indeed weak.
https://x.com/earnings_guy/status/1993611367417319926
Company’s own materials
Here is the share price reaction; note the graph starts from Monday. 
Chinese electric vehicle companies fell as December sales figures pointed to cooling demand.
Industry growth slowed to five percent year-on-year, compared to over 30 percent growth a year earlier. BYD’s stock fell and its December sales dropped by about 18 percent for the fourth consecutive month, even though the company surpassed Tesla in last year’s sales. Li Auto, NIO, Xpeng, and Xiaomi also weakened.
According to the article, the underlying factors are the gradual phase-out of subsidies and tax incentives, as well as margins eaten away by the price war. Growth has slowed and, in addition, prices have also fallen. 
The Chinese are dominating the electric vehicle market, at least according to this pie chart, although they do fudge the numbers sometimes.
1 Like