<div id="readability-page-1"><blockquote><ul><li>Both BYD and Tesla saw year-on-year declines in their 2025 retail sales in China.</li><li>In overall passenger vehicle retail sales, BYD ranked first with a 14.7% market share, while Geely ranked second with 11.0%.</li></ul></blockquote><figure id="attachment_135145"><img src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026011212010719.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1600" height="900" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026011212010719.jpg"/><figcaption id="caption-attachment-135145">(A BYD Qin L DM-i displayed at the Shanghai auto show in April 2025. Image credit: CnEVPost)</figcaption></figure><p>BYD (HKG: 1211, OTCMKTS: BYDDY) maintained its top position in China's new energy vehicle (NEV) market in 2025, while Tesla (NASDAQ: TSLA) ranked fifth, despite both experiencing sales declines.</p><p>BYD's passenger NEV retail sales in 2025 came in at 3,484,525 units, down 6.3% year-on-year, according to rankings released Monday by the China Passenger Car Association (CPCA).</p><p>The company maintained its top position in 2025 with a 27.2% market share, though this was lower than the 34.1% recorded in 2024.</p>    <div>        <p><span>Join us on </span>            Telegram            <span> or </span>            Google News        </p>    </div>                    <div id="top-automakers-nev-retail-2025-6964e34700e06-wrap">        <p>Top automakers with highest passenger NEV retail sales in China in 2025</p>                                                    </div>        <div>        <table>            <caption>Top automakers with highest passenger NEV retail sales in China in 2025</caption>            <thead>                <tr>                    <th scope="col">Ranking</th>                    <th scope="col">Automaker</th>                    <th scope="col">NEV Sales</th>                    <th scope="col">Market Share</th>                </tr>            </thead>            <tbody>                                <tr>                    <td>1</td>                    <td>BYD</td>                    <td>3,484,525</td>                    <td>27.2%</td>                </tr>                                <tr>                    <td>2</td>                    <td>Geely</td>                    <td>1,564,562</td>                    <td>12.2%</td>                </tr>                                <tr>                    <td>3</td>                    <td>Changan</td>                    <td>789,141</td>                    <td>6.2%</td>                </tr>                                <tr>                    <td>4</td>                    <td>SAIC-GM-Wuling</td>                    <td>772,147</td>                    <td>6%</td>                </tr>                                <tr>                    <td>5</td>                    <td>Tesla China</td>                    <td>625,698</td>                    <td>4.9%</td>                </tr>                                <tr>                    <td>6</td>                    <td>HIMA</td>                    <td>588,549</td>                    <td>4.6%</td>                </tr>                                <tr>                    <td>7</td>                    <td>Chery</td>                    <td>531,413</td>                    <td>4.1%</td>                </tr>                                <tr>                    <td>8</td>                    <td>Leapmotor</td>                    <td>529,503</td>                    <td>4.1%</td>                </tr>                                <tr>                    <td>9</td>                    <td>Seres</td>                    <td>422,920</td>                    <td>3.3%</td>                </tr>                                <tr>                    <td>10</td>                    <td>Xiaomi EV</td>                    <td>411,837</td>                    <td>3.2%</td>                </tr>                            </tbody>        </table>    </div>            <p>Tesla had 625,698 retail sales in China in 2025, down 4.8% year-on-year.</p><p>The US electric vehicle (EV) maker held a 4.9% share of China's NEV market in 2025, ranking fifth.</p><p>In 2024, Tesla achieved 657,102 retail sales in China, securing third place in the NEV market with a 6.0% share.</p><p>Geely Auto (HKG: 0175, OTCMKTS: GELYF) recorded NEV retail sales of 1,564,562 units in 2025, an 81.3% year-on-year increase, securing second place with a 12.2% NEV market share.</p><p>Changan Automobile (SHE: 000625) recorded NEV retail sales of 789,141 units in 2025, a 26.8% year-on-year increase, securing third place with a 6.2% NEV market share.</p><p>Xiaomi EV saw EV retail sales of 411,837 units in 2025, a 200.9% year-on-year increase, ranking tenth with a 3.2% market share.</p><p>In the overall market including both NEVs and traditional gasoline vehicles, BYD ranked first in 2025 with a 14.7% share based on retail sales. The company only manufactures NEVs, including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs).</p>                    <div id="top-automakers-overall-retail-2025-6964e34700e88-wrap">        <p>Top automakers with highest passenger car retail sales in China in 2025</p>                                                    </div>        <div>        <table>            <caption>Top automakers with highest passenger car retail sales in China in 2025</caption>            <thead>                <tr>                    <th scope="col">Ranking</th>                    <th scope="col">Automaker</th>                    <th scope="col">Sales</th>                    <th scope="col">Market Share</th>                </tr>            </thead>            <tbody>                                <tr>                    <td>1</td>                    <td>BYD</td>                    <td>3,484,525</td>                    <td>14.7%</td>                </tr>                                <tr>                    <td>2</td>                    <td>Geely</td>                    <td>2,605,565</td>                    <td>11%</td>                </tr>                                <tr>                    <td>3</td>                    <td>FAW-Volkswagen</td>                    <td>1,531,276</td>                    <td>6.4%</td>                </tr>                                <tr>                    <td>4</td>                    <td>Changan</td>                    <td>1,400,820</td>                    <td>5.9%</td>                </tr>                                <tr>                    <td>5</td>                    <td>Chery</td>                    <td>1,348,409</td>                    <td>5.7%</td>                </tr>                                <tr>                    <td>6</td>                    <td>SAIC-Volkswagen</td>                    <td>1,062,429</td>                    <td>4.5%</td>                </tr>                                <tr>                    <td>7</td>                    <td>SAIC-GM-Wuling</td>                    <td>877,639</td>                    <td>3.7%</td>                </tr>                                <tr>                    <td>8</td>                    <td>FAW Toyota</td>                    <td>803,646</td>                    <td>3.4%</td>                </tr>                                <tr>                    <td>9</td>                    <td>GAC Toyota</td>                    <td>772,668</td>                    <td>3.3%</td>                </tr>                                <tr>                    <td>10</td>                    <td>GWM</td>                    <td>699,228</td>                    <td>2.9%</td>                </tr>                            </tbody>        </table>    </div>            <p>Geely recorded passenger vehicle retail sales of 2,605,565 units in 2025, a 46.9% year-on-year increase, securing second place in the overall market with an 11.0% share.</p><p>FAW-Volkswagen had retail sales of 1,531,276 units, a 4.8% year-on-year decrease, ranking third with a 6.4% market share.</p><p>In December alone, BYD's passenger NEV retail sales totaled 339,854 units, securing first place with a 25.4% market share.</p>                    <div id="top-automakers-nev-retail-dec-2025-6964e34700ef9-wrap">        <p>Top automakers with highest passenger NEV retail sales in China in Dec 2025</p>                                                    </div>        <div>        <table>            <caption>Top automakers with highest passenger NEV retail sales in China in Dec 2025</caption>            <thead>                <tr>                    <th scope="col">Ranking</th>                    <th scope="col">Automaker</th>                    <th scope="col">NEV Sales</th>                    <th scope="col">Market Share</th>                </tr>            </thead>            <tbody>                                <tr>                    <td>1</td>                    <td>BYD</td>                    <td>339,854</td>                    <td>25.4%</td>                </tr>                                <tr>                    <td>2</td>                    <td>Geely</td>                    <td>135,989</td>                    <td>10.2%</td>                </tr>                                <tr>                    <td>3</td>                    <td>Tesla China</td>                    <td>93,843</td>                    <td>7%</td>                </tr>                                <tr>                    <td>4</td>                    <td>HIMA</td>                    <td>89,611</td>                    <td>6.7%</td>                </tr>                                <tr>                    <td>5</td>                    <td>SAIC-GM-Wuling</td>                    <td>68,777</td>                    <td>5.1%</td>                </tr>                                <tr>                    <td>6</td>                    <td>Changan</td>                    <td>61,630</td>                    <td>4.6%</td>                </tr>                                <tr>                    <td>7</td>                    <td>Seres</td>                    <td>57,778</td>                    <td>4.3%</td>                </tr>                                <tr>                    <td>8</td>                    <td>Chery</td>                    <td>51,723</td>                    <td>3.9%</td>                </tr>                                <tr>                    <td>9</td>                    <td>Xiaomi EV</td>                    <td>50,212</td>                    <td>3.8%</td>                </tr>                                <tr>                    <td>10</td>                    <td>Nio</td>                    <td>47,385</td>                    <td>3.5%</td>                </tr>                            </tbody>        </table>    </div>            <p>Geely's December passenger NEV retail sales totaled 135,989 units, ranking second in the NEV market with a 10.2% share.</p><p>Tesla's December retail sales in China were 93,843 units, securing third place with a 7.0% market share.</p><p>Xiaomi EV recorded December retail sales of 50,212 units, ranking ninth with a 3.8% market share.</p><p>Nio Inc (NYSE: NIO, HKG: 9866) ranked tenth with 47,385 retail sales in December, holding a 3.5% market share.</p>    <div>        <div>            <p><img width="768" height="432" src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026010214085483-768x432.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.cnevpost.com/wp-content/uploads/2026/01/2026010214085483-768x432.jpg"/>                            </p>        </div>        <div>            <p>Tesla loses BEV crown to BYD in 2025 as global deliveries drop 15.61% in Q4</p>            <p>BYD's full-year 2025 BEV sales reached 2,256,714 units, surpassing Tesla's 1,636,129 units for the first time.</p>                    </div>    </div>                                                                                    </div>

BYDDY

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BYDDF

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<p>In 2025, BYD led China's NEV market with a 27.2% share, despite a 6.3% decline in retail sales to 3,484,525 units. Tesla ranked fifth with a 4.9% market share, selling 625,698 units, down 4.8% year-on-year. Geely and Changan followed BYD, securing second and third places with 12.2% and 6.2% market shares, respectively. Overall, BYD also topped the passenger vehicle market with a 14.7% share. The data reflects a competitive landscape in China's NEV sector, with significant year-on-year sales fluctuations for major players.</p>

- In 2025, BYD retained its lead in China's NEV market with 3,484,525 retail sales, despite a 6.3% year-on-year decline, while Tesla ranked fifth with 625,698 sales, down 4.8%.  
- Geely achieved significant growth, recording 1,564,562 units sold with an 81.3% increase year-on-year, securing second place with a 12.2% market share.  
- Overall, BYD maintained a 14.7% share of the passenger vehicle market, followed by Geely at 11.0%, as electric vehicle competition intensified.

Automakers' share in China NEV market in 2025: BYD leads with 27.2%, Tesla 5th with 4.9%