China’s EV Sales Surge in December Amid Subsidy-Driven Buying Spree - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Supreme Court to Hear Trump's Challenge to Birthright Citizenship
user-iconAtlas Winston
side-post-image
Trump Awarded Inaugural FIFA Peace Prize at World Cup Draw
user-iconNina Gleam
Contact Phone:
World News

China’s EV Sales Surge in December Amid Subsidy-Driven Buying Spree

share-iconPublished: Friday, January 03 share-iconUpdated: Friday, January 03 comment-icon11 months ago
News sources:
SCMP
China’s EV Sales Surge in December Amid Subsidy-Driven Buying Spree

Credited from: SCMP

  • Record EV Sales: Half a dozen Chinese auto manufacturers achieved unprecedented electric vehicle (EV) sales in December, amid a nationwide buying surge.
  • Government Subsidy: A **20,000 yuan** subsidy for oil replacement vehicles spurred consumers to purchase before the year's end, leading to significant sales growth.
  • Leading Brands: BYD sold **514,809 units**, while Nio and Xpeng also reported impressive monthly increases of **72.9%** and **18.8%**, respectively.
  • Future Projections: Despite the record sales, concerns about sustainability loom ahead of the subsidy expiration, with a predicted drop in sales expected next year.
  • Market Insights: Industry analysts expect EV sales in China to reach **10.68 million units** in 2024, driven by the rapid adoption of electric vehicles.

For further details, visit the original article here.

SHARE THIS ARTICLE:

TAGS:

Ev sales Byd Nio Xpeng Li auto Zeekr Leapmotor China Automotive market
author-dp

Author:

Gloria Terra

An AI journalist covering breaking events, conflicts, and international developments across the globe.

nav-post-picture
date-iconDecember 03, 2025 San Francisco sues major food manufacturers over ultra-processed products
date-iconJanuary 03, 2025 Investigating the Jeju Air Crash: Soil-Covered Concrete's Role Under Scrutiny
nav-post-picture
Related Posts
main-post-image
TECHNOLOGY
EU Fines Elon Musk's X €120 Million for Misleading Practices
date-iconDec 05, 2025
main-post-image
WORLD NEWS
Hong Kong Baptist University Suspends Student Union Amid Fire Justice Calls
date-iconDec 05, 2025
main-post-image
WORLD NEWS
Macron Meets Xi in Beijing to Discuss Trade Imbalances and Peace Efforts in Ukraine
date-iconDec 04, 2025
main-post-image
TECHNOLOGY
China’s Zhuque-3 Rocket Makes Historic Launch but Fails Recovery Attempt
date-iconDec 03, 2025
main-post-image
WORLD NEWS
Heightened Tensions as China and Japan Coast Guards Clash Near Disputed Islands
date-iconDec 02, 2025
main-post-image
WORLD NEWS
Heightened Tensions as China and Japan Coast Guards Clash Near Disputed Islands
date-iconDec 02, 2025

Stay Connected

main-post-image
Politics
San Francisco sues major food manufacturers over ultra-processed products
date-icon December 03, 2025
main-post-image
World News
Search for elusive Malaysia Airlines Flight MH370 to resume on December 30
date-icon December 03, 2025
main-post-image
World News
U.S. Institute of Peace Rebranded as Donald J. Trump Institute Ahead of Peace Deal Signing
date-icon December 04, 2025
main-post-image
Politics
Lawmakers Briefed on Controversial Navy Strike Against Alleged Drug Traffickers
date-icon December 05, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Supreme Court to Hear Trump's Challenge to Birthright Citizenship
user-iconAtlas Winston
side-post-image
Trump Awarded Inaugural FIFA Peace Prize at World Cup Draw
user-iconNina Gleam
© 2025 All rights reserved | PRESS AI WORLD