Cookies utilized by Autovista24 to enhance your user experience
China's Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) markets are experiencing robust growth, with both vehicle types accounting for over half of new vehicle registrations. BEVs account for around 31-32% of the Chinese vehicle market, while PHEVs contribute approximately 21%, combining for approximately a 53% share of the total vehicle market.
BEV Market Leaders
BYD is the dominant player in both BEV and PHEV markets, leading overall New Energy Vehicle (NEV) sales with a nearly 30% market share. In June 2025 alone, BYD delivered 206,884 battery electric passenger cars. Tesla, specializing exclusively in BEVs, ranks fourth in China’s NEV market with a 5.5% market share.
PHEV Market Leaders
BYD also leads in the PHEV market, as it produces both BEVs and PHEVs, contributing substantially to the PHEV segment. Geely is a strong contender in the PHEV market, holding the second-largest NEV market share with 12.5%.
Notable Mentions
- The Geely Geome Xingyuan, in only its fifth month on the market, became the BEV market leader in January with 28,146 registrations and secured 6.6% of China's total BEV volume.
- The BYD Song L, in its seventh month on the market, recorded 11,000 deliveries and a 2.9% share.
- The Galaxy E5, also known as the EX5, took eighth in its seventh month on the market with 12,880 units and a 3% market share.
- The Xpeng's M03 model ended January just behind the Panda Mini in seventh. It achieved 15,225 deliveries in its fifth month on the market.
PHEV Market Top Performers
- The Galaxy Starship 7, a model launched in November 2024, won the PHEV market in January 2025.
- The Li Auto L6 secured seventh place in the PHEV market in January 2025.
- The Luxeed R7, in its second month on the market, rounded out the top 10 with 11,422 registrations and a 2.7% share.
- The Geely Panda Mini took sixth with a rise of 43.6% compared to January 2024 and a market share of 3.8%.
Battery Suppliers
CATL is the top EV battery supplier worldwide, with a 38.1% market share in EV batteries from January to May 2025. BYD ranks second in battery supply with a 17.4% share during the same period. Both are Chinese companies critical to sustaining China’s EV production capabilities.
Market Trends
BEVs led in terms of volumes, but the PHEV market achieved the highest growth. The PHEV market saw a 29.7% year-on-year increase and 374,522 deliveries in January. The BEV market saw a 10.9% increase, with 423,500 units sold. The competitive landscape features some pricing pressure—with average EV discounts around 10% in mid-2025—reflecting intense market competition.
BYD remains the overall leader in China’s BEV and PHEV markets, followed by Geely and Tesla, while CATL and BYD dominate the battery manufacturing space. The Seagull, the only BYD to make the top 10, ended January in fifth with a decline of 30.6% year on year and a market share of 4.3%. The Aito M9, which came to the market in December 2023 and was still ramping up in January 2024, achieved a 3.1% market share and 11,483 registrations, a 498.4% rise year on year. The BYD Han, also saw 11,000 sales and a 109.7% increase year on year.
China's BEV and PHEV markets are expected to continue their growth trajectory, with plugins expected to exceed 10 million sales in China for 2025. The market is increasingly competitive, with manufacturers vying for market share and consumers benefiting from improved vehicle options and prices.
- Electric-vehicles, particularly BEVs, are experiencing a significant surge in the Chinese market, as BYD, the market leader, delivered 206,884 battery electric passenger cars in June 2025 alone, accounting for around 31-32% of the total vehicle market.
- In the technological aspect of this industry, China's battery manufacturers, such as CATL, play a crucial role in sustaining the growth of the electric-vehicle market, with CATL holding a 38.1% market share in EV batteries from January to May 2025.
