China’s electric vehicle market closed 2025 with overall growth, but December figures signaled cooling momentum across both battery electric vehicles and plug in hybrids. While total annual volumes remained strong, the final month of the year suggested that competition and softer demand could
Sluggish year end momentum unsettles the market China’s electric vehicle industry ended the year on a weaker note than many had hoped, raising fresh concerns about demand and profitability. Traditionally, the final months of the year deliver a strong sales push as consumers
China’s electric vehicle market experienced a powerful surge in November as consumers hurried to make purchases before key tax incentives and cash subsidies expire on January 1. At least three major EV manufacturers posted their highest ever monthly sales, reflecting a wave of
