Welcome to Shandong Leto Automobile Technology Co., Ltd
Views: 0 Author: Li Publish Time: 2025-02-10 Origin: Site
The global automobile industry is undergoing a seismic shift as battery cars and EVs dominate market conversations. In 2025, China’s new energy car sector continues to lead this transformation, driven by technological innovation, fierce competition, and evolving consumer preferences. With plug-in hybrid electric vehicles (PHEVs) gaining momentum and traditional automakers racing to adapt, the landscape is defined by both breakthroughs and turbulence.
The year 2024 saw seven automakers—BYD, Chery, Geely, Li Auto, Xiaomi, Leapmotor, and FAW Bestune—exceeding annual sales targets, signaling the strength of EVauto adoption. BYD, the global battery car leader, sold 4.27 million vehicles in 2024, cementing its dominance in sedan and SUV segments. Meanwhile, startups like Xiaomi Auto achieved 135,000 deliveries in their debut year, targeting 300,000 units for 2025.
However, not all players thrived. NIO and Zeekr fell short of goals, while niche brands like JiShi and HiPhi struggled with low pickup in premium markets. This dichotomy underscores a critical reality: scale and cost efficiency are paramount. Companies like Leapmotor, which surpassed 300,000 sales in 2024, leveraged PHEV models and aggressive pricing to capture budget-conscious buyers.
Plug-in hybrid electric vehicles are reshaping the market. In 2025, PHEVs account for nearly 50% of new energy car sales, driven by their ability to balance range flexibility and lower battery costs35. BYD’s DM5.0 hybrid system and Geely’s Leishen Power exemplify advancements in reducing energy consumption by 15–20%, making PHEVs a pragmatic choice for mainstream consumers.
Battery technology remains a battleground. CATL’s “Xiaoyao” super hybrid battery, offering 400 km pure-electric range, has been adopted by Li Auto and Avatr, while startups like XPeng focus on 800V high-voltage platforms to enhance charging efficiency1. However, reliance on third-party suppliers poses risks. Automakers like Geely are pivoting to in-house battery production to control costs and secure supply chains.
Intelligent driving systems are no longer optional. By 2025, over 40% of EVs priced above $20,000 integrate high-speed navigation-assisted driving (NOA), with BYD and Tesla leading the charge. Sedan models like the Xiaomi SU7 and XPeng P7+ emphasize AI-driven adaptability, optimizing power distribution between electric and hybrid modes for urban and highway scenarios.
This shift pressures traditional car dealers to reimagine retail experiences. Direct-to-consumer sales and “smart showrooms” are becoming standard, as seen in Huawei’s Aito and Xiaomi’s urban flagship stores.
Despite growth, profitability remains elusive for pure EV makers. In 2024, only Li Auto and Leapmotor reported quarterly profits, highlighting the financial strain of scaling battery car production. Meanwhile, oversupply in the $30,000+ SUV and pickup segments has triggered price wars, with Tesla and BYD slashing prices to maintain market share.