In April 2026, China's new energy passenger vehicle market reached 819,000 units sold, with market penetration climbing to 59.6%. BYD dominated with 291,965 units, followed by Geely (135,645), Tesla China (79,478), and Chery (61,805). Battery EVs accounted for 573,000 units, PHEVs 179,000, and EREVs 67,000.
Counterpoint data shows global electric vehicle sales in Q3 2025 grew 32% year-over-year. Battery electric vehicles (BEV) continued to dominate, accounting for 2/3 of total EV sales, with BEV sales up 32% year-over-year. BEV penetration reached a new milestone this quarter, accounting for 18% of global passenger vehicle sales, up from 14% in the same period last year. China remains the key growth engine, contributing 60% of global BEV total sales. At model level, Tesla Model Y, Geely Galaxy Xingyuan and Tesla Model 3 became the quarter's best-selling EVs globally.
The Voyah Taishan X8 will officially launch on May 22 with pre-pricing from 302,900 to 389,900 yuan. This 5-seat large SUV offers both PHEV and pure-electric powertrains, featuring an 896-line dual-optical-path image-grade LiDAR and Huawei Qian Kun ADS intelligent driving system. The exterior includes an active-opening illuminated grille and DLP intelligent projection headlights.
On May 20, XPeng officially launched the GX with 8 variants, priced from 269,800 to 349,800 yuan (limited-time offer). Positioned as the brand's flagship large SUV on the SEPA 3.0 architecture, it offers both pure electric and EREV powertrains, with maximum CLTC combined range of 1,585km and second-generation VLA intelligent driving with up to 3,000 TOPS compute.
On May 18, Leapmotor released interior images of its first MPV, the D99. Built on the LEAP 4.0 architecture with BEV and EREV options and dual-chamber air suspension + CDC, it is expected to launch mid-year.
EX1000
