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CnEVPost Newsletter: Tesla's halo fades in China; China May EV sales preview

Published 8 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

May 28, 2025

​BYD, Xiaomi overtake Tesla as top EV brand choices in China, says UBS​

"In China, we see intense competition and Tesla is no longer seen as the technology leader."

​China May EV sales preview: Deutsche Bank expects Nio at 27,000, Tesla 39,000, BYD 390,000​

Nio Inc's deliveries in May are expected to be up 31 percent year-on-year and up 13 percent sequentially.

​BYD Denza delivers 10,000th N9 SUV to founder of humanoid robot maker UBTech​

BYD chairman Wang Chuanfu delivered the 10,000th N9 to Zhou Jian, founder of UBTech.

​Xpeng launches Max variants for Mona M03, bringing Tesla FSD-like features to $18,040 model​

The Xpeng Mona M03 Max starts at RMB 129,800 ($18,040) and comes with the free Turing smart driving system.

​Nio swap stations complete initial coverage of all districts in Tianjin​

Nio Power has 56 battery swap stations in Tianjin, covering 16 districts in the city.

​Chery offers discounts on multiple models across 4 brands as price war rages​

Chery is offering discounts on a number of models, with a combined discount of up to 47 percent after subsidies.

​Xiaomi YU7 show cars to be available in 92 cities in China in Jun​

On May 29, the YU7 will be available in 13 stores in Beijing, Xiaomi EV said.

​China NEV retail at 726,000 in May 1-25, up 31% year-on-year​

China's retail penetration of NEVs was 53.5 percent in the May 1-25 period, and 49.2 percent year-to-date.

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