Overview
- Australia set another annual sales record in 2025 while traditional passenger cars fell to 13% of the market (157,484 units) as Chinese imports surpassed 220,000, according to VFACTS data reported by Drive and GoAuto.
- China’s December 2025 passenger‑vehicle retail sales fell over 14% year over year to 2.261 million, yet full‑year new‑energy vehicle sales hit a record 12.82 million, with trade‑in subsidies confirmed to continue in 2026, CPCA data show.
- Tesla recorded its best month ever in China with 93,843 December deliveries but ended 2025 with a 4.8% decline in domestic retail sales to 625,698 units, per CPCA figures.
- Volkswagen Group’s global BEV deliveries rose 32% to 983,100 in 2025 as EV sales slumped in China by over 44% and dropped sharply in the US in Q4, with total Q4 deliveries down 4.9% on softer demand in those regions.
- General Motors disclosed a $7.1 billion EV‑related charge tied to supplier settlements, contract cancellations, and impairments, while Polestar logged its best year at 60,119 sales and BYD registered a new ride‑hailing sub‑brand listed by China’s MIIT.