Overview

• China's EV market is expected to exceed 50% of new car sales in 2025, driven by state policies, subsidies, and infrastructure investment.
• BYD leads the market with a 29% share, selling nearly 700,000 EVs in Q1 2025, outperforming foreign competitors like Mercedes-Benz, which saw a 10% sales decline in China.
• The recent Xiaomi autopilot crash, which killed three people, prompted stricter regulatory oversight and limits on advertising autonomous driving capabilities.
• Foreign automakers, including Mercedes-Benz and Volkswagen, unveiled China-focused models with advanced infotainment and driver-assist systems to regain market traction.
• The Shanghai Auto Show highlighted China's competitive edge in EV innovation, with features like affordable semi-autonomous systems and integration of smart technologies.