[Geely NEV] News & Updates

Leapmotor Overtakes Tesla with 103,129 Units in August NEV Rankings

China's August 2026 new energy vehicle wholesale rankings have revealed significant shifts in the competitive landscape. BYD continues its dominance with 433,384 units, while Leapmotor achieved a historic breakthrough by surpassing Tesla with 103,129 wholesale units to claim fourth place. The overall market remains robust, with CPCA estimating August NEV passenger vehicle wholesale volume at 1.51 million units, up 16% year-over-year and 4% month-over-month.

3229 days ago

Global NEV Market Share Reaches 24.1%, China Commands Over 60%

According to the latest data released by Cui Dongshu, head of the China Passenger Car Association (CPCA), global automobile sales reached 56.11 million units from January to July 2026, of which new energy vehicles (NEVs) accounted for 13.52 million units, representing a market share of 24.1%. The breakdown shows battery electric vehicles (BEVs) at 16.8%, plug-in hybrids (PHEVs) at 7.3%, and conventional hybrids (HEVs) at 8.1%. China's NEV passenger vehicle share of the global market reached 62%, climbing to 65.3% in July alone. In the PHEV segment, China leads with a commanding 71% global share, reaching 74% in July. Meanwhile, global NEV development shows significant imbalances: Norway's penetration rate has reached 81%, Germany 32.6%, the UK 35%, while the US stands at merely 7% and Japan at just 4%. Chinese autonomous brands' NEV overseas market share surged significantly, reaching 28% in July, demonstrating strong momentum for Chinese NEV exports.

2709 days ago

July NEV Sales: EV Market Share Exceeds 50% for First Time, BYD Leads

China's new energy vehicle market reached a historic milestone in July 2026, with electric vehicle market share exceeding 50% for the first time, while BYD continued to lead with nearly 350,000 monthly sales.

46947 days ago

Geely NEV

Leapmotor Overtakes Tesla with 103,129 Units in August NEV Rankings

Global NEV Market Share Reaches 24.1%, China Commands Over 60%

July NEV Sales: EV Market Share Exceeds 50% for First Time, BYD Leads

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