Propelled by a confluence of factors including policy incentives, technological advancements, and burgeoning overseas markets, China's new energy vehicle (NEV) sector has witnessed robust performance across several key indicators in 2025. Domestic brands have emerged as the primary catalysts for market expansion. According to data from the China Association of Automobile Manufacturers, from January to November of this year, China's automotive production and sales volumes soared to 31.231 million units and 31.127 million units, respectively, marking year-on-year increases of 11.9% and 11.4%. Among these, new energy vehicles, serving as the cornerstone of industry growth, have exhibited exceptional performance. In the first 11 months, both the production and sales of new energy vehicles experienced year-on-year growth rates surpassing 30%, with the sales proportion surging to 47.5%, inching closer to the pivotal 50% threshold.
