Welcome to Shandong Leto Automobile Technology Co., Ltd
Views: 0 Author: Li Publish Time: 2025-03-24 Origin: Site
The Chinese automobile industry continues to dominate the global new energy vehicle (NEV) market, with February 2025 marking another milestone. Domestic sales of battery cars, plug-in hybrid electric vehicles (PHEVs), and other new energy cars reached 760,000 units, a staggering 92.6% year-over-year increase. This growth underscores China’s accelerating shift toward sustainable mobility, fueled by technological advancements, policy incentives, and robust demand from car dealers and consumers alike.
In February 2025, new energy cars accounted for 41.9% of total automobile sales in China, reflecting a retail penetration rate of 50%. Battery electric vehicles (BEVs) and PHEVs contributed significantly to this surge, with automakers like BYD, Geely, and Chirey expanding their portfolios to include sedans, SUVs, and even pickups tailored to diverse consumer needs. For instance, BYD’s Qin (sedan) and Song (SUV) families collectively sold over 130,000 units, while Chirey’s pickup-focused models saw a 278.3% annual sales spike.
Car dealers reported heightened demand for PHEVs, which combine fuel efficiency with extended range—a critical factor for buyers in regions with underdeveloped charging infrastructure. The popularity of these vehicles highlights the automobile industry’s strategic pivot toward hybrid solutions as a bridge to full electrification.
While domestic sales of new energy cars dipped 4.2% month-over-month to 760,000 units in February, the year-to-date figure rose 51.6% to 1.55 million units. Car dealers attribute this resilience to competitive pricing, government subsidies, and improved battery technology. Meanwhile, exports of battery cars and PHEVs reached 131,000 units in February, up 60.5% year-over-year, with BYD leading the charge by shipping 67,000 units to Europe and Southeast Asia.
Automobile manufacturers are also leveraging localized production strategies. For example, BYD’s Thailand factory, with an annual capacity of 150,000 units, ensures cost efficiency and faster delivery to international markets. Such efforts position China’s new energy cars as formidable competitors against global brands like Tesla, which saw its February sales in China nearly overtaken by Xiaomi’s upcoming models.
The rise of intelligent features is reshaping consumer preferences. Over 15% of BYD’s new energy cars now incorporate advanced L2+ autonomous driving systems, while startups like Xpeng and Li Auto are integrating AI-powered cockpit technologies. Car dealers emphasize that buyers increasingly prioritize smart connectivity and safety—traits exemplified by Li Auto’s upcoming L3-level autonomous vehicles, set to debut in late 2025.
Sedans remain the top choice for urban commuters, but SUVs and pickups are gaining traction in rural and commercial segments. Geely’s Galaxy series, for instance, saw a 288% sales jump, driven by its hybrid SUVs and rugged pickup variants.
The automobile industry’s focus on innovation and globalization will be pivotal in maintaining growth. With battery costs declining and charging networks expanding, new energy cars are poised to dominate China’s market. Analysts predict that NEV sales could exceed 8 million units annually by 2025, supported by aggressive R&D investments and partnerships between automakers and tech firms.