August 2025: China's Electric Vehicle Market Maintains Strong Growth Momentum

The automobile industry saw a concentrated release of August sales reports on the evening of September 1, highlighting continued expansion across the new energy vehicle sector. Major players, including BYD, Great Wall Motors, and Harmony Intelligence (Hongmeng Zhixing), posted impressive results, underscoring the sustained consumer shift toward electric vehicles.

BYD Leads with Steady Electric Vehicle Sales
BYD disclosed its production and sales report, revealing EV sales of 373,600 units in August, remaining stable compared to the same period last year. Cumulative sales of new energy cars from January to August reached 2.864 million, marking a 23% year-on-year increase. Notably, the company exported 80,813 battery-powered cars in August alone.

Traditional Automakers Accelerate EV Transition
Great Wall Motors announced total car sales of 115,600 units in August, a 22.33% increase from the previous year. Among these, new energy car sales accounted for 37,495 units. Similarly, SAIC Motor reported a significant boost in automobile production and sales, with EVoutput surging 60.08% year-on-year to 140,510 units. The collaboration between SAIC and Huawei has further strengthened its foothold in the smart electric vehicle market.

New Energy Car Brands Achieve Record Deliveries
Harmony Intelligence announced delivery of 44,579 units in August, bringing its cumulative deliveries beyond 900,000 vehicles. With an average transaction price of RMB 380,000, the brand demonstrated balanced growth in both volume and value. Other emerging automakers also posted remarkable performances: Xiaomi Auto delivered over 30,000 units, Nio saw a 55.2% increase with 31,305 vehicles, and XPeng reached a new monthly record with 37,709 deliveries, a 169% yearly rise. Li Auto and Leapmotor also reported substantial growth, reflecting the expanding consumer base for battery cars.

Market Outlook: “Golden September” Expected to Boost Auto Sales Further
Industry analysts anticipate a stronger performance in September, traditionally a high season for automobile purchases. Supportive policies, including subsidies and regional incentives, are likely to further stimulate demand for electric vehicles. The recovery momentum observed in late August is expected to carry forward, reinforcing optimism across the new energy car market.