Uncover
The sales performance of major electric vehicle (EV) brands in China for July 2025 shows a positive trend, with most brands experiencing growth compared to the same period last year.
Li Auto sold 30,731 vehicles in July, marking a 15.3% decrease from June and a 39.7% drop from the same month last year. However, the company's EV sales were up by 2.5% compared to July 2024.
Nio, on the other hand, reported a stronger performance. The company sold 21,017 vehicles in July, a 15.7% decrease from June but a 2.5% increase from the same month last year. In the first seven months of 2025, Nio has sold 135,167 cars globally, representing a 25.2% year-on-year increase.
BYD, a leading player in the Chinese EV market, sold 341,030 vehicles in July, a 9.7% decrease from June. Despite the monthly decline, BYD's EV sales were nearly flat with 0.1% growth compared with the same month last year. In the first seven months of 2025, BYD sold 2,490,250 vehicles, a 27.35% year-on-year increase, driven by a 36.84% rise in battery electric vehicle sales.
Geely Auto, including its merged brands Zeekr and Lynk & Co, sold 855,275 vehicles from January to July, more than doubling (+125.5%) compared to last year. Zeekr Group reported July sales of 44,193 vehicles, a 19.7% year-on-year increase and a 2.7% month-on-month increase.
Xpeng and Leapmotor also reported strong sales in July, with Xpeng selling 36,717 vehicles, a 6.1% increase from June and a 229.4% increase from the same month last year. Leapmotor sold a record-breaking 50,129 vehicles in July, a 4.4% increase from June and a 126.9% increase from the same month last year.
Great Wall Motor sold 34,593 vehicles in July, a 5.0% decrease from June but a 43.3% increase from the same month last year. In the first seven months of 2025, the company sold 195,007 vehicles, a 24.6% year-on-year increase.
Huawei's HIMA alliance's EV sales were up by 8.3%, while Polestones (Rox Motor) sold 1,316 vehicles in July, up 4.5% from June. No year-on-year comparison was provided for Polestones.
Tesla China registered 37,830 EVs in the first four weeks of July, suggesting sales of around 41,000 for the month. Xiaomi sold over 30,000 EVs in July, an increase from over 25,000 in June. No year-on-year comparison was provided for Xiaomi.
Overall, leading Chinese EV brands like BYD, Geely (including Zeekr), Nio, and others saw significant sales growth in the first seven months of 2025 compared to the same period in 2024, reflecting strong demand and expanded production capacity in China’s EV market. Plug-in hybrid sales slightly declined for BYD but were offset by strong battery electric vehicle growth.
- The industry of new energy vehicles, particularly plug-in hybrids and battery electric vehicles, is attracting significant investments in China, as evidenced by the robust sales performance of major brands.
- Personal-finance and wealth-management firms are recognizing the potential of the growing EV industry and are considering investments in companies like Nio, Li Auto, and others for diversified business portfolios.
- With technology playing a crucial role in the advancement of the EV industry, sports organizations could potentially collaborate with EV brands for sponsorships or innovative events aimed at promoting electric vehicles.
- The positive sales growth trend in China's EV market also presents an opportunity for the industry to collaborate with the finance sector to secure further funding for vehicle development, production, and infrastructure expansion.
- As more consumers switch to new energy vehicles, the finance and sports sectors could benefit from partnerships with EV brands, offering financial services that cater to environmentally-conscious individuals and sponsoring eco-friendly sports events.
